Sharper Images Losses Widen

Posted on by Chief Marketer Staff

Sharper Image Corp. reported a net loss of $12.6 million for the first quarter compared to a net loss of $4.6 million last year.

The cataloger and retailer reported revenue of $106.8 million, down 26% from $144.9 million last year.

The San Francisco firm reported total catalog/direct marketing sales of $23.5 million for the quarter, off 16% from $27.9 million last year. Internet sales of $17.2 million were off 26 % from $23.2 million last year.

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