Diamond Sales Timing Cuts Harry Winston’s Q2 Profit

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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