Sharper Image Jumps 10% on Improved Guidance

Sharper Image (SHRP) said March same-store sales increased 18%, while total sales for the month increased 30% to $30 million. Depending on April's sales, the company now expects to report a loss of 4 cents to 8 cents a share for the first quarter. Analysts expect the company to lose 17 cents, compared with a loss of 23 cents in the year-ago quarter. The stock was gaining 9.6% to $19.68.