Brookstone Inc. has reported first-quarter sales of $$77.5 million, a 27.1 improvement over the same period last year. Direct marketing sales rose by 16.1% to $11.8 million during the 13-week period that ended on May 1. In addition, the Nashua, NH-based firm reduced its net loss by 27.6% to $4.6 million. The company usually carries a loss through its first three quarters due to the seasonality of
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Brookstone Inc. has reported first-quarter sales of $$77.5 million, a 27.1 improvement over the same period last year.
Direct marketing sales rose by 16.1% to $11.8 million during the 13-week period that ended on May 1.
In addition, the Nashua, NH-based firm reduced its net loss by 27.6% to $4.6 million. The company usually carries a loss through its first three quarters due to the seasonality of its business and enters the black in the fourth quarter.
CEO Michael Anthony said in a statement that Brookstone expects to “turn in another successful Father’s Day and to narrow our second-quarter loss by approximately 50%.”
