Financial Reports: DWR, Golfsmith

Direct Sales Slide At DWR
Third-quarter direct sales for modern furniture cataloger/retailer Design Within Reach fell nearly 27%, to $8.7 million, compared to $11.8 million for the same period last year.

For the 13-week period ended Sept. 27, net sales decreased 13.7%, to $42.3 million, down from $49.0 million a year ago. Design Within Reach’s net loss for the third quarter was $5.6 million, compared to net income of $2.4 million in the same period last year.

Net Income Falls 30% at Golfsmith
Third-quarter sales for Austin, TX-based Golfsmith International Holdings slipped 4.5%, to $101.7 million, down from $106.5 million in the third quarter of fiscal 2007.

Partner Content

The Gift of Wow: Preparing your store for the holiday season - Netsuite
Being prepared for the holiday rush used to mean stocking shelves and making sure your associates were ready for the long hours. But the digital revolution has changed everything, most importantly, customer expectations. Retailers with a physical store presence should be asking themselves—what am I doing to wow the customer?
3 Critical Components to Achieving the Perfect Order - NetSuite
Explore the 3 critical components to delivering the perfect order.
Streamlining Unified Commerce Complexity - NetSuite
Explore how consolidating multiple systems through a cloud-based commerce platform provides a seamless experience for both you, and your customer.
Strategies for Maximizing Mobile Point-of-Sale Technology - NetSuite
Learn the top five innovative ways to utilize your mobile POS technology to drive customer engagement, increase sales and elevate your brand.