Sharper Image (SHRP) September Same Store Sales Drop 21%
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Sharper Image (Nasdaq: SHRP) September Same Store Sales Drop 21%.
For the month ended September 30, 2007, total Company sales were $19.6 million compared to $31.9 million in the previous year, a decrease of 39 percent. Air purification sales accounted for approximately 13 percent of sales in September 2007 versus approximately 30 percent of sales in September 2006. Included in prior year sales were $3.5 million of infomercial sales. The company discontinued infomercials in October 2006. Without prior year infomercial sales, the total Company sales decrease in September was 31 percent. Total store sales were $13.6 million compared to $17.5 million in the prior September, a decrease of 22 percent. Comparable store sales in September decreased 21 percent. Total catalog/direct marketing sales (including infomercials and wholesale) were $3.7 million compared to last September’s $9.8 million, a decrease of 62 percent, or a decrease of 41 percent without infomercials. Internet sales were $2.2 million compared to last September’s $4.5 million, a decrease of 51 percent.
The Sharper Image is a specialty retailer that is nationally and internationally renowned as a leading source of new, innovative, high-quality products that make life better and more enjoyable.
For the month ended September 30, 2007, total Company sales were $19.6 million compared to $31.9 million in the previous year, a decrease of 39 percent. Air purification sales accounted for approximately 13 percent of sales in September 2007 versus approximately 30 percent of sales in September 2006. Included in prior year sales were $3.5 million of infomercial sales. The company discontinued infomercials in October 2006. Without prior year infomercial sales, the total Company sales decrease in September was 31 percent. Total store sales were $13.6 million compared to $17.5 million in the prior September, a decrease of 22 percent. Comparable store sales in September decreased 21 percent. Total catalog/direct marketing sales (including infomercials and wholesale) were $3.7 million compared to last September’s $9.8 million, a decrease of 62 percent, or a decrease of 41 percent without infomercials. Internet sales were $2.2 million compared to last September’s $4.5 million, a decrease of 51 percent.
The Sharper Image is a specialty retailer that is nationally and internationally renowned as a leading source of new, innovative, high-quality products that make life better and more enjoyable.
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