Blue Nile (NILE) Misses Q2 EPS by 3c; Guides Q3 EPS Below Views

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Blue Nile Announces Second Quarter 2016 Financial Results

August 8, 2016 4:07 PM EDT

Second Quarter Net Sales of $113.8 million Second Quarter Earnings Per Diluted Share of $0.18

SEATTLE, Aug. 08, 2016 (GLOBE NEWSWIRE) -- Blue Nile, Inc. (Nasdaq: NILE), a leading online retailer of diamonds and fine jewelry, today reported financial results for its second quarter ended July 3, 2016.

Net sales increased to $113.8 million for the second quarter ended July 3, 2016 compared to $113.7 million for the second quarter ended July 5, 2015. Operating income for the quarter totaled $3.3 million, representing an operating margin of 2.9% of net sales, compared to $3.4 million in operating income and 3.0% operating margin... More