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Diamond Sales Timing Cuts Harry Winston’s Q2 Profit
Sep. 08, 2011 11:19AM PST
Gem InvestingMining Weekly reported Harry Winston (NYSE:HWD,TSE:HW) had a 3% increase in gem sales for the quarter ended July.
Mining Weekly reported Harry Winston (NYSE:HWD,TSX:HW) had a 3% increase in gem sales for the quarter ended July.
The market news is quoted as saying,
This resulted in a 23% decrease in profit for the quarter when compared to the same prior-year period to $10-million, which was helped by a near tripling in earnings from the company’s luxury jewellery segment.
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