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Blue Nile First Quarter Earnings Call
Author: Rozalina Destanova
123jump.com
Last Update: 3:42 AM EDT May 13 2008


Sales rose nearly 4% to $70.5 million. Gross profit was $13.9 million, an increase of 5.1% year over year. Operating income totaled $3 million, representing an operating margin of 4.3%. Cash from operations is typically negative in the first quarter of fiscal year due to the reduction in accounts payable following the fourth quarter holiday season. Q2 earnings are expected to range between 15 cents and 18 cents per share.

 

 

 

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