Finlay Q3 Sales Jump 9.9% to $183.3 million

Finlay Enterprises announced a 9.9 percent jump in quarterly sales to $183.3 million. Comparable department sales for the third quarter increased a modest 1.3 percent. Total sales for the quarter included $15.9 million of sales related to the Carlyle specialty jewelry stores acquired by the company in May.

Finlay, a retailer of fine jewelry and the largest operator of licensed fine jewelry departments in department stores throughout the United States, reported that comparable department sales for the first nine months of the fiscal year increased 0.6 percent compared to a 3.6 percent comparable department sales increase in the same period last year.

Total sales for the nine month period were $568.7 million compared to $543.1 million in the first nine months of 2004, an increase of 4.7 percent, including $29.9 million of sales related to Carlyle.

The company will report full results for the third quarter on November 17, 2005.

Finlay has 1,009 locations, including 34 Carlyle specialty jewelry stores.