Sharper Image (SHRP) Continues To Fall

December 6, 2007 4:59 PM EST
Sharper Image (Nasdaq: SHRP) reported a 9% drop in sales in November. Sharper Image had sales of $44.7 million in November, down from sales of $49 million a year ago. Same store sales, which compare sales at stores open at least a year, fell 8 percent.


Total store sales were $27.1 million, down from $30.2 million a year ago in November. Sharper
Image has 186 stores and also sells its products via a catalog and a
web site. Lately, the company has been selling its brand in licensing
deals with makers of other products in an attempt to bring in more
revenue.


Sharper Image operates as a multi-channel specialty
retailer in the United States.

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