Finlay sales high by 4.1% in Q3

Finlay Enterprises has announced its sales performance for the third quarter ended November 3. Accordingly, it witnessed an increase of 4.1% in its sales, which valued at $141.9 million, as compared its sales in the corresponding Q3 of 2006.

Its comparable store sales (stores open for the same months during the comparable period) also scaled up by 1.6%. The specialty jewellery stores including Carlyle and Congress delivered a sale of $23.6 million, compared to $19.0 million of the Q3 in 2006. However, Finlay incurred a net loss of $7.5 million, which was higher than the a net loss of $7.9 million in the said period a year ago.