30 Mar 2023
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Revenues at Blue Nile up 18.7%
Profits up 39.8%
By: Diamond World News Service
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Aug 1 2013 9:28PM
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Reference: 8047  

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At the close of the second quarter ending June 30, 2013, Blue Nile Inc. recorded a rise in revenues, that by 18.7 percent ( on y-o-y basis) to $108 million, while profits were up 39.8 percent to $2.2 million, reports add. Sales in the international markets were up 19.1 percent to $17.1 million; while in the U.S., engagement sales went up 22 percent to $63.9 million and non-engagement sales were up 11.3 percent to $27 million.

At the close of the said quarter the company’s cost of sales also rose, 19.1 percent to $87.9 million.

The company noted that this is the fifth consecutive quarter of double-digit growth, reports add.

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