March 22, 2007, 12:00 AM

Systemax’s web sales grow twice as fast as total sales

Internet sales at Systemax, which operates computer site TigerDirect.com, were up 26% in 2006 vs. 2005. Companywide sales were up 11% to $2.3 billion from $2.1 billion. The Internet represents 35.6% of all Systemax sales.

Internet sales at Systemax Inc., which operates computer site TigerDirect.com, were up 26% in 2006 vs. 2005, to $819 million from $650 million. Companywide sales were up 11% to $2.3 billion from $2.1 billion. The Internet represents 35.6% of all Systemax sales in the most recent year vs. 30.9% a year earlier. Net income for the year reached $45 million, up 295% from the year before.

Fourth quarter web sales were $235 million, up 16% from the year earlier Q4; total sales were $648 million, up 11%. The web accounted for 36.3% of Q4 sales. Net income was $8 million, up 136%.

Systemax ranks No. 26 in the Internet Retailer Top 500 Guide.

comments powered by Disqus

Advertisement

Advertisement

Advertisement

From The IR Blog

FPO

Jason Miller / E-Commerce

Six steps to take to make your site ready for the holidays

Images, tags and mobile performance are among the key areas to focus on in the ...

FPO

Anna Buchalova / E-Commerce

Four e-commerce metrics that can help increase ROI

Many e-retailers focus on conversion rate, but here are four less-obvious ways to analyze your ...

Advertisement