Direct Sales Buoy Quarter for Restoration Hardware

Restoration Hardware had third quarter sales of $76.6 million, a drop of 5.4% from the $81 million in realized in third quarter 2000. The drop came from its retail operations, as comparable store sales declined 8.8%, while Web and catalog sales increased 32.4% from third quarter 2000. The Corte Madera, CA-based home furnishings marketer said it experienced a 35% drop in sales during the week of the Sept. 11 attacks.