Emblem jewelry co., LTD., said on Tuesday in the opening of the store for at least a year income grew by 3.3%, in the recent holiday season, boost the higher demand in the United States kiah and Jared shop. In the plate before trading, its share price has risen by 2%.
Income index is a key measure of retailer's health, because it does not include store, recently opened or closed.
Bermuda jewelry retailers said it in the days before Christmas, see special strong demand. In the United States strong seller's market, including the bride, brand and sole goods, with color diamond, fashion jewelry and watches. In Britain, watch and jewelry brand of the most popular, the company said.
By December 29, 2009 9 weeks, the company said, the opening in the United States for at least a year storefront income rose by 4.7%. This includes kay shop and 4.8% jump JiaLiDe store increase of 5.8%. Regional brand stores posted a 4% drop.
But the company's British shop income in the open, at least one year dropped 2.6%, Ernest Jones store same-stores sales dropped 5.5% and h. Samuel same-stores sales fell 0.5%.
Total sales for 9 weeks time rose 7.1% to $1.24 billion, sales in the United States increased 9.9%, to $1.03 billion and British sales fell 5% to $203400000.
CEO Michael Barnes said: to continue in the United States strong sales trend after improved, in the UK holiday.
The company is expected to the fourth quarter profit of $2.05 to $2.10 a share, and from FactSet survey of analysts estimated $2.08 per share.
The year, in feb. 2,, the company is expected to profit of $4.28 to $4.33 per share. Analysts estimated $4.30 per share.
Emblem stock plate before trading rose $1.15, or 2.1%, to $54.98. They have been in the nearby 52 weeks of $40.74 $53.83 range of high-end transaction.
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