Sharper Image (SHRP) Reports Decline in April Same-Store Sales

Sharper Image Corporation (NASDAQ: SHRP) reported sales for the month of April, and for the first quarter ended April 30, 2007.

For the month ended April 30, 2007, total Company sales were $21.3 million compared to $33.1 million in the previous year, a decrease of 36%. Total store sales were $14.5 million compared to $16.3 million in the prior April, a decrease of 11%. Comparable store sales in April decreased 11%. Total catalog sales/direct marketing sales (including wholesale) were $3.6 million compared to last April's $11.5 million, a decrease of 69%. Internet sales were $3.2 million compared to last April's $5.3 million, a decrease of 40%.

For the first quarter ended April 30, 2007, total Company sales were $65.5 million compared to $104.0 million in the previous year, a decrease of 37%. Total store sales for the first quarter were $44.1 million compared to $56.8 million in the prior year, a decrease of 22%. Comparable store sales for the quarter decreased 22%. Total catalog sales/direct marketing sales (including wholesale) for the quarter were $11.3 million compared to $30.1 million, a decrease of 62%. Internet sales for the first quarter were $10.0 million compared to $17.2 million, a decrease of 42%.

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