Office Depot: The multichannel marketer of office products posted earnings for the recently completed second quarter of $109 million, compared to $118 million during the same period last year. But total sales grew 4 percent to $3.6 billion. The slowdown was most felt in furniture and office supplies sales, with a lesser impact on technology sales.
Brookstone: The gadgets marketer asaid that for the second quarter ended June 30, total net sales were $99.9 million, a 9.4 percent increase from the comparable 13-week period of 2006. Total net sales also were up for the fiscal year at $183.1 million, an 8.9 percent increase from the comparable time period last year.
CDW: The B-to-B computer supplies marketer posted second quarter total sales up 24.4 percent compared to the second quarter of last year, jumping to $2.03 billion compared to $1.63 billion in 2006. Products that yielded the best year-over-year volume growth for the second quarter were notebook computers, desktop computers, data storage, software and video.
The Sharper Image: The losses continued to mount for the tech gadgets marketer as total company sales for the month of June tumbled 21 percent from June of last year ($28.9 million vs. $36.4 million). Total catalog/direct marketing sales (including wholesale) decreased 50 percent, from $3.8 million compared to last June’s $7.6 million.
For the five months ended June 30, total company sales were down 32 percent from the previous year ($118.7 million vs. 174.5 million) and total catalog/direct marketing sales for the five-month period were down 61 percent ($18.5 million vs. $47.1 million).