Sharper Image reports second quarter operating results

San Francisco’s Sharper Image Corporation (SHRP) plans to close its Richmond, Va. distribution center and move its operations to two remaining centers in Arkansas and Ontario, Calif. The company reported total revenues for the second quarter ending July 31, 2007 of $80.3 million, a decrease of 25 percent from the same quarter last year. The company reported a net loss for the second quarter of $20.6 million, or $1.38 per share, compared to $14.6 million or $0.98 per share last year.

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