2/14/13

Web sales climb 24% for CafePress in 2012

The numbers of orders and customers grow by double digits, too.

Kevin Woodward , Senior Editor

CafePress Inc., an online-only retailer that sells customized products such as T-shirts, coffee mugs and stationery, closed 2012 with big gains in sales, customers and orders.

For 2012, CafePress.com, No. 112 in the Internet Retailer Top 500 guide, reported:

“CafePress ended 2012 with a strong holiday season highlighted by solid performance across all of our brands,” Marino says.

The company had a busy year, led by an initial public offering in March that raised $85 million. In October, it bought EZ Prints Inc., an online company that enables shoppers to add their photos to mugs, canvas and other items, for $30 million.

For the fourth quarter, CafePress.com, reported:

For 2013, CafePress forecasts revenue will range from $246 million to $259 million. First quarter revenue is projected to be between $44 million and $48 million, the company says.

Topics:

acquisition, annual earnings, Bob Marino, CafePress, CafePress.com, coffee mugs, customized products, e-commerce, EZ Prints, financials, online sales, Profit, quarterly results, T-shirts, Top 500

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