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Blue Nile Fourth Quarter Earnings Call |
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Author: Albena Toncheva
123jump.com
Last Update: 8:42 AM EST February 14 2008
The online retailer of diamond jewelry reported 23% increase in revenue over last year to $111.9 million. While Mark Vandon, the founder of Blue Nile, has assumed the role of Executive Chairman, Diane Irvine, who was the chief financial officer, has been promoted as chief executive officer. In 2007, the company launched two local currency websites, serving the Canadian and UK markets. The firm, which witnessed weak demand in January, has projected EPS of 11 cents to 14 cents for Q1. |
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