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.
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.
September 10, 2003 |
Sharper Image Corp. filed a lawsuit against Consumers Union, publisher of Consumer Reports magazine, claiming an article in the October issue contains misleading and false statements about the Ionic Breeze Quadra air purifier. The lawsuit was filed in U.S. District Court for the Northern District of California against the Yonkers, N.Y.-based nonprofit product-testing organization. Consumers Union hasn't seen a copy of the lawsuit yet, a spokesman said.