Blue Nile Q2 Net Sales $72.1 Million
August 07, 07 by IDEX Online Staff Reporter
Online jewelry retailer Blue Nile reported second quarter net sales of $72.1 million for the period ending July 1, an increase of 26.7 percent year-over-year.
During the quarter, operating income rose 39.8 percent to $5.0 million. Second quarter net income totaled $3.8 million ($0.23 per diluted share), compared to $3.1 million ($0.18) in the previous year, an increase of 27.8 percent per diluted share.
”Blue Nile’s second quarter performance was excellent in all areas of the business,” said Blue Nile CEO Mark Vadon. “We continued to show strong momentum in revenue growth and profitability, and our results reflect our focus on providing an exceptional experience for our customers.”