Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Markets & Finance

Southwest Securities Downgrades Sharper Image

Southwest Securities downgrades Sharper Image (SHRP) to neutral.

Analyst Ozarslan Tangun says while he believes Sharper Image is a very attractive long-term story, he's downgrading it until he has better visibility. He notes the company cut fourth-quarter guidance on a shortfall in holiday sales, citing disappointing store traffic, Internet sales, response to holiday catalog, and infomercial.

He cuts $1.32 fourth-quarter earnings per share estimate to 96 cents. He says, in his view, the company experienced big volatility in sales during the holiday season mostly due to issues with product deliveries.

Tangun notes many new products had a very strong sell-through, which is encouraging for the next year and beyond.

blog comments powered by Disqus