Brookstone Posts Income, Sales Gain in Q1
May 17, 2011,
MERRIMACK, N.H.-Brookstone posted a slight increase in net income for the first quarter, alongside a double-digit increase in sales.
In the period ended April 2, Brookstone reported net income of $240,000, compared to $118,000 in the prior-year period. Sales were $80.1 million, a nearly 15 percent increase over the prior-year period. The company reported a loss from operations of $14.4 million, compared to a loss from operations of $17 million for the comparable period last year.