Big Dog Holdings Inc, a marketer and retailer of branded lifestyle products including activewear and casual sportswear, today posted a net income of $793,000 for the second quarter ended 30 June 2002 compared to a net loss of $144,000 for the second quarter 2001. Earnings per share for the quarter were $.09 versus a loss per share of $.02 for the same period last year.

An increase in gross margin, a reduction in interest expense due to lower borrowings, a recovery against a loss reserve and other cost reductions all contributed to the increase the company said.

Net sales increased to $25.8 million as compared with $25.2 million in the second quarter 2001, and gross profit increased to $15.0 million from $14.4 million for the second quarter 2001. Comparable store sales growth declined by 2.9 per cent for the quarter.