Blue Nile (NILE) Reports In-Line Q1 EPS; Guides Q2 Above the Street
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Blue Nile Announces First Quarter 2016 Financial Results
May 5, 2016 7:31 AM EDTFirst Quarter Net Sales of $103.1 million First Quarter Earnings Per Diluted Share of $0.09
SEATTLE, May 05, 2016 (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 3, 2016.
Net sales decreased 3.2% to $103.1 million for the first quarter ended April 3, 2016 compared to $106.5 million for the first quarter ended April 5, 2015. Operating income for the quarter totaled $1.2 million, representing an operating margin of 1.2% of net sales, compared to $1.9 million in operating income and 1.8% operating margin for the first quarter... More
