NILE Archives - Inflation Watch https://inflationwatch.drduru.com/tag/nile/ Watching for inflation here, there and everywhere Sat, 06 Aug 2011 00:17:29 +0000 en-US hourly 1 https://wordpress.org/?v=7.1.4 https://i0.wp.com/inflationwatch.drduru.com/wp-content/uploads/2025/07/cropped-new-hp-money-printing-plates.png-1.webp?fit=32%2C32&ssl=1 NILE Archives - Inflation Watch https://inflationwatch.drduru.com/tag/nile/ 32 32 246324047 Blue Nile hit by high diamond and metal prices https://inflationwatch.drduru.com/blue-nile-hit-by-high-diamond-metal-prices/?utm_source=rss&utm_medium=rss&utm_campaign=blue-nile-hit-by-high-diamond-metal-prices Sat, 06 Aug 2011 00:17:29 +0000 http://inflationwatch.wordpress.com/?p=1907 Diamond prices have been going up, and Blue Nile is feeling the pinch. The online diamond retailer highlighted high diamond prices as well as high metal prices in its latest earnings report (August 4, 2011): “While we delivered record second quarter sales and non-GAAP adjusted EBITDA, our results were impacted by rapidly rising diamond and […]

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Diamond prices have been going up, and Blue Nile is feeling the pinch. The online diamond retailer highlighted high diamond prices as well as high metal prices in its latest earnings report (August 4, 2011):

“While we delivered record second quarter sales and non-GAAP adjusted EBITDA, our results were impacted by rapidly rising diamond and metal prices amid a weakening consumer environment in the U.S. Despite these external headwinds, we achieved sales growth across all product categories, including double-digit sales growth in the non-engagement category.”

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