BIG DOG RECORDS RECORD SALES FOR YEAR
NEW YORK — Big Dog Holdings Inc. reported record sales for the fourth quarter and year.
For the quarter ended Dec. 31, sales for the marketer and retailer of branded lifestyle apparel and accessories increased 4.9 percent, to $41 million from $39.1 million. Comparable-store sales edged up 1.1 percent.
“We are pleased with our ability to increase holiday sales while maintaining our merchandise margins in today’s tightening economy,” chief executive Andrew Feshbach said in a statement.
The company, which will release audited results for the year, including income, on March 22, said that “gross margins and operating expenses appear to be in line with the company’s expectations.”
For the year, sales increased 5.2 percent, to $115.3 million, versus $109.6 million in 1999. Comps rose 1.3 percent.
Based in Santa Barbara, Calif., Big Dog markets its products through its 197 retail stores as well as through its catalog, wholesale, Internet and licensing divisions.