May 16, 2006, 12:00 AM

PFSweb sales up, but new arm sales down

Sales for Q1 2006 at e-commerce and fulfillment provider PFSweb increased 35% to $110.7 million. However, its subsidiary saw sales drop 57% to $35 million.

Sales for the first quarter ended March 31, 2006, at PFSweb Inc., a provider of e-commerce and fulfillment serivces, increased 35% to $110.7 million compared with $81.9 million during the same period last year.

The company’s recently acquired operating subsidiary,, registered Q1 2006 sales of $21.8 million. These results reflect only two months of operations in PFSweb’s consolidated financials for the 2006 first quarter following PFSweb’s merger with on February 1. sales for the full three-month period this year were $35 million, a 57% decrease from Q1 2005 sales of $55.1.

PFSweb develops integrated business infrastructure technology and fulfillment services. Through its wholly owned subsidiary, PFSweb sells new, closeout and refurbished brand-name merchandise at discount prices for consumers and small business buyers. The site sells more than 100,000 products from manufacturers such as Apple, Canon, Hewlett-Packard, Nikon, Sony and Toshiba.

In 2005, Inc. sales dropped 3% to $173.1 million compared with $178.5 million in 2004.

comments powered by Disqus




From The IR Blog


Paul Martecchini / E-Commerce

What to look for in website traffic data

It’s not all about number of visits, but also about whether a retailer is attracting ...


Adrien Henni / E-Commerce

Italian luxury brand Furla launches online sales in Russia

Furla follows such European brands as H&M and L’Oreal into Russian e-commerce.