Blue Nile (NILE) Tops Q1 EPS by 2c; Guides Q2 EPS to Strong-Side, Revenue Below Views

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Blue Nile Announces First Quarter 2015 Financial Results

May 8, 2015 7:30 AM EDT

First Quarter Net Sales of $106.5 million

First Quarter Earnings Per Diluted Share Total $0.10

SEATTLE, May 8, 2015 (GLOBE NEWSWIRE) -- Blue Nile, Inc. (Nasdaq: NILE), a leading online retailer of diamonds and fine jewelry, today reported financial results for its first quarter ended April 5, 2015.

Net sales increased 2.6% to $106.5 million for the first quarter ended April 5, 2015 compared to $103.7 million for the first quarter ended March 30, 2014. Operating income for the quarter totaled $1.9 million, representing an operating margin of 1.8% of net sales compared to $1.6 million of operating income and... More