San Francisco-based Design Within registers 6% sales growth
28 Mar '08
1 min read
Design Within Reach Inc announced preliminary sales results for the first quarter ended March 29, 2008. Based on a preliminary review of first quarter results, the Company expects to report product sales of approximately $43 million, which represents an approximately 6% increase from $40.7 million reported in the first quarter of 2007.
"We believe our solid sales performance is a direct reflection of customer demand for well designed products and overall company efforts to improve our product mix," said Ray Brunner, Chief Executive Officer. "In addition, the success of our semi-annual sales event contributed to continued growth in our studio sales."
Design Within Reach is maintaining its 2008 sales guidance of approximately $200 million and diluted earnings per share guidance of $0.03-$0.05.
The Company expects to report first quarter results on or around May 8, 2008.