May 20, 2005 |
Sharper Image Corp., which sells products including robotic vacuum cleaners and massage chairs, forecast a wider-than-expected fiscal second-quarter loss Thursday amid falling sales and higher expenses. The shares fell as much as 22% in trading after the markets closed. The company forecast a net loss for the quarter ending July 31 of 40 cents to 45 cents a share, compared with a 16-cent loss estimate, based on the average of 12 analysts surveyed by Thomson First Call.
May 4, 2005 |
Sharper Image Corp. reported lower fiscal fourth-quarter profit due to less-than-successful product introductions, a soft economy and a 6% decline in same-store sales. Profit declined to $16.4 million, or $1.01 a share, from $22.2 million, or $1.37, a year ago. Revenue increased 8% to $301 million but the company said a soft economy and some new product introductions that proved "less than successful" hurt earnings.
February 11, 2005 |
Sharper Image Corp., known for its robotic vacuum cleaners and massage chairs, said Thursday it expected a fiscal first-quarter loss of 28 cents to 32 cents a share, greater than analysts had forecast. The disappointing report, which came after markets closed, caused shares of the San Francisco-based retailer to fall as much as 14% in after-hours trading, to their lowest level since 2003.
November 19, 2004 |
Sharper Image Corp., the seller of Ionic Breeze air purifiers and other products, reported a third-quarter loss Thursday because of expenses associated with delays in moving cargo through West Coast ports. The net loss was $3.34 million, or 21 cents a share, in the period ended Oct. 31, compared with net income of $985,000, or 6 cents, in the same quarter a year earlier. Sales rose 20% to $153.6 million.
November 11, 2004 |
Consumers Union, publisher of Consumer Reports magazine, won the dismissal Wednesday of a lawsuit filed by Sharper Image Corp. that claimed product reviews contained misleading and false statements about the Ionic Breeze Quadra air purifier. U.S. District Judge Maxine Chesney in San Francisco granted Consumers Union's motion to dismiss Sharper Image's suit as an attempt to chill free speech in connection with a public issue.
August 20, 2004 |
Sharper Image Corp., the seller of products such as Ionic Breeze air purifiers and robotic vacuum cleaners, said Thursday that fiscal second-quarter profit fell 16%. The company also lowered its earnings forecast for the year. Net income in the period ended July 31 fell to $676,000, or 4 cents a share, from $808,000, or 5 cents, a year earlier, the San Francisco-based company said.
June 26, 2004 |
Taser International Inc., the stun gun maker whose shares have more than tripled this year, said Friday that it was in talks with Sharper Image Corp. about distributing a new consumer version of the weapon. Taser's shares rose 19% on the news. Taser is talking to several retailers, not just San Francisco-based Sharper Image, about distributing the guns, and it will sell them on Taser's website, President Thomas Smith said. About 40 million U.S.
May 21, 2004 |
Sharper Image Corp. said Thursday that fiscal first-quarter revenue rose 34% because of higher Internet and catalog sales. The San Francisco-based chain of 120 gadget stores reported earnings of $2.1 million, or 13 cents a share, on revenue of $156.4 million in the quarter ended April 30. In the same period last year, it earned $678,000, or 5 cents a share, on revenue of $116.3 million. Analysts were expecting earnings of 12 cents a share, according to Thomson First Call.
March 26, 2004 |
Sharper Image Corp., which sells personal and home electronics, Thursday reported a 35% rise in quarterly profit, boosted by strong Internet sales and soaring demand for its gadgets. The San Francisco-based chain of 149 stores also reported positive sales trends in February and March in the current quarter. For its fiscal fourth quarter ended Jan. 31, the company, whose products include massage chairs and air purifiers, earned $22.8 million, or $1.