Monday, 23rd August 2004 (4388 views)

Fine jewellery department store company Finlay Enterprises has released its second quarter results, reporting a 3.5 per cent rise in total sales for the period.

The US company is the largest operator of leased fine jewellery departments in department stores throughout the US.

According to the latest results, the firm achieved a 5.2 per cent increase in total sales for the first half of fiscal 2004 to $376 million.

With comparable department store sales up by five per cent for the first six months of the year, Finlay now predicts it will see a two to 2.5 per cent growth in comparable store sales for the second half.

 

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