PC Connection plugs in higher 2006 web sales
PC Connection Inc., a direct marketer of personal computers and related gear, is reporting solid e-commerce growth for 2006.
In 2006 PC Connection, No. 33 in the Internet Retailer Top 500 Guide, reports that web sales rose 37.1% while total sales increased by 16.4%. For 2006, web sales reached $514.3 million vs. $375.5 million in 2005.
At the same time 2006 total sales grew to $1.63 billion from $1.44 billion in 2004. "PC Connection`s 2006 financial results are encouraging,” says CEO Patricia Gallup. “Overall sales were at the highest level in the company`s history, and our operating margins continued to improve.”
PC Connection, which operates PCConnection.com and three other web sites, carries an online inventory of about 90,000 products. In 2006, the web accounted for 32% of all sales vs. 26% in 2005.
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