Big Dog Holdings Inc, the marketer of branded activewear, casual sportswear and accessories, today reported a 3.8 per cent increase in sales for the first quarter ended 31 March 2002 to $17.54 million. This was up from $16.98m in the first quarter 2001.

The company said the sales increase was due to the net addition of 8 new stores, taking the total number of outlets to 206.

Gross profit for the quarter increased to $9.26m compared with $9.10m in the first quarter of 2001. The net loss for the first quarter decreased to $2.38m or $.28 per share, against $2.78m or $.33 per share for the first quarter 2001.