Brookstone Announces $2.1 million EBITDA Improvement For First Quarter 2012 Financial Results

/PRNewswire/ -- Innovative product development company and multi-channel lifestyle retailer Brookstone, Inc. announced today that, for the first quarter ended March 31, 2012, consolidated net sales increased 11.2% to $89.1 million and EBITDA improved 18.1% to $(9.7) million from the first quarter of 2011. Net sales in the Retail channel increased $3.7 million, or 5.9%, to $67.5 million and same-store sales increased 7.9% as compared to the first quarter of 2011. These increases were due in part to improved selling efforts at our retail stores, offset by a net decrease in the number of stores from 300 to 284.