30 Mar 2023
DiamondWorld Directory
Home |
International sales for Blue Nile increase by 27.5%
The company’s net income increases by 10.3%
By: Diamond World News Service
Nov 12 2009 12:09PM
Reference: 4363  


Blue Nile, Inc. noted a 2.4 percent increase in net sales to $66.9 million in the three months that ended October 4, 2009, as compared to the same period last year. The company believes the increase is propelled due to bridal jewellery sales and international market revival. The company’s net income increased by 10.3 percent to $2.6 million, while in the same period last year it was $2.3 million.

The international sales rose by 27.5 percent to $8.8 million. If the effects of changes in foreign exchange rates are ignored, international sales rose by 34.8 percent. The retailer’s operating income in the third quarter of 2009 increased by 17.6 percent to $3.9 million, as compared to $3.3 million in the same period last year.

The company is lining up exclusive diamond engagement rings, fine jewellery and a fresh website design to rope in sales during the festive season. It is aiming for net sales between $100 million and $109 million in the fourth quarter.

Follow DiamondWorld on Instagram: @diamondworldnet
Follow DiamondWorld on Twitter: @diamondworldnet
Follow DiamondWorld on Facebook: @diamondworldnet
Have Your Say
* Your view
* Name:
* Email:
* Town/city:
* Country/State:
*  Company:
*  Name:
*  Mobile:
*  Email:
Subscribe for DiamondWorld weekly Newsletter
Search News by City
Recent Issue
News in Pictures
Young Diamantaires
Pictures: 16
Stunning Jewellery from Cannes 2019
Pictures: 24
Sparkly Jewels at Oscars 2019
Pictures: 19
Golden Globes 2018
Pictures: 15
Spotted: Who Wore What (December 2018)
Pictures: 4
India Diamond Week
Pictures: 8
Spotted: Who Wore What (October 2018)
Pictures: 7
Spotted: Who Wore What (September 2018)
Pictures: 6
70th Emmy Awards
Pictures: 11
35th India International Jewellery Show 2018
Pictures: 46
JJS - IJ Jewellers Choice Design Awards 2015 powered by GIA
Views: 33165
Diamond World Expert Hour with Evgeny Agureev, Deputy CEO, ALROSA
Views: 10781
GJEPC Chairman Interview
Views: 29219
IJ Jewellers Choice Design Awards 2012 - Part 1
Views: 40601
Promo for IJ Awards 2012 at NDTV Profit
Views: 58183
IJ Jewellers Choice Design Awards 2012- Part 2
Views: 69867
Couture India 2016 - A Business Boutique Show by IJ Magazine
Views: 22499
Savjibhai Dholakiya, Surat Businessman (Diamond Merchant) speaks in Vibrant 2015
Views: 51761
IJ Jewellers Choice Design Awards 2013 - NDTV Video
Views: 54351
DW News App
Member of:
Supporter of: