company news; sharper image shares up on report of reduced losses

by:Yovog     2023-08-24
By REUTERSOCT.
Sharper Image Corporation, a professional gift retailer, said yesterday that its quarterly loss would be lower than expected due to strong sales of air purifiers and other private deviceslabel products.
The announcement pushed its share price up about 12%.
The company says it expects a third time now.
A quarterly loss of 5 cents to 7 cents per share.
The company earlier expected a loss of 8 cents to 12 cents per share.
The company reported a loss of 32 cents per share this year. Earlier in the quarter
Total sales climbed 47% to $31.
3 million from $21.
The company said it had 4 million a year ago.
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A version of this article was printed on page C00004 of the National edition on October 9, 2002, with the title: Company News;
Sharper image shares rose after reporting a decrease in losses.
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