BofA/Merrill Lynch Downgrades Blue Nile (NILE) to Underperform

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Blue Nile Announces Fourth Quarter and Full Year 2015 Financial Results; First-Ever Special Dividend

February 11, 2016 7:30 AM EST

Special Cash Dividend of $0.70 per shareFourth Quarter Net Sales of $150.0 million Fourth Quarter Earnings Per Diluted Share Total $0.43 Full Year Net Sales of $480.1 million Full Year Earnings Per Diluted Share Total $0.90

SEATTLE, Feb. 11, 2016 (GLOBE NEWSWIRE) -- Blue Nile, Inc. (Nasdaq: NILE), a leading online retailer of diamonds and fine jewelry, today reported financial results for its fourth quarter and fiscal year ended January 3, 2016.

Net sales decreased 4.8% to $150.0 million for the fourth quarter ended January 3, 2016 compared to $157.4 million for the fourth quarter ended January 4, 2015. Operating... More