Non-Store Retail

Spiegel, Inc.

The Company

Spiegel, Inc. <% if gsSubBrand = "aolsnapshot" then Response.Write("(Nasdaq: SPGLA)") else Response.Write("(Nasdaq: SPGLA)") end if %> is a leading international specialty retailer marketing fashionable apparel and home furnishings to customers through catalogs and more than 450 specialty retail stores. In addition, the company adds euphemistically, other distribution channels include "innovative electronic platforms." We all know what that means. The heart and soul of Spiegel's business is its catalog, but its fortunes have definitely been boosted by the aggressive store rollout at the company's Eddie Bauer operations, which have chalked up excellent same-store sales gains.

Latest Financials

Spiegel reported total revenues of $601.8 million for the first quarter ended March 29, 1997, a 5% decrease compared to revenues of $634.7 million for the first quarter of 1996. For the first quarter of 1997, the company recorded a loss of $31.2 million, or $0.28 per share, compared to a loss of $14.3 million, or $0.13 per share, in the first quarter of 1996. (Go to next snapshot.)

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