Berkshire Hathaway’s retail revenue up 2%

Retail includes home furnishing and jewellery
Berkshire Hathaway’s retail revenue up 2%

Warren Buffet run enterprise Berkshire Hathaway has announced financial results of its retail segment for the three months ending September 30, 2010. The respective revenues rose 2 percent to $652 million and pre-tax earnings by 36 percent.

The company’s retail segment offers four home furnishing businesses, See’s Candies and three jewellery firms: Borsheim’s Jewelry, Helzberg Diamonds and Ben Bridge Jeweler. It noted a good sales response mainly in its home furnishing segment.

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