August web sales at the Sharper Image Corp. were down 12% from August last year, to $5.4 million compared to $6.2 million in August 2004. Total company sales in August were down 15% to $36.6 million from $43.3 million a year ago. The web accounted for 14.7% of all sales vs. 14.3% a year ago.
Total store sales declined 8% to $24 million from $26 million in August last year, while comparable store sales in August decreased 14 percent. Total catalog sales/direct marketing sales (including wholesale) were $7.2 million compared to last August's $11.1 million, a decrease of 35%.
Internet sales in the first seven months of Sharper Image’s fiscal year were $46.8 million, down 11% from $52.8 million last year.
Total sales for the seven months were $310.5 million, down 9% from $341.4 million in the previous year. Total store sales for the seven months were down 2% to $189.5 million from $193.4 million; comparable store sales year-to-date decreased 12%. Total catalog sales/direct marketing sales (including wholesale) year-to-date were $74.2 million compared to last year's $95.2 million, a decrease of 22%.
Sharper Image has opened 10 new stores this year and currently operates 183 stores in 37 states and the District of Columbia. The company plans to open another eight to 10 this year.
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