Sharper Image Corp. reported catalog sales up 16% and Internet sales up 42% for the first quarter ended April 30.
Catalog sales were $34.3 million, compared to $29.6 million for the first quarter of 2002. Internet sales were $16.9 million, versus $11.9 million during the same period last year.
For the three months ended April 30, total revenues for the San Francisco-based company increased 27% to $119.8 million from last year’s $94.1 million. The first quarter net earnings of $682 thousand was a 358% increase from last year’s net earnings of $149 thousand.
Richard Thalheimer, founder, chairman and CEO, attributed the positive results in great part to popularity of the company’s proprietary products.