D.G. Jewelry Announces Q3 Results.Business Editors TORONTO--(BUSINESS WIRE)--Nov. 19, 2001 D.G. Jewelry jewelry, personal adornments worn for ornament or utility, to show rank or wealth, or to follow superstitious custom or fashion. The most universal forms of jewelry are the necklace, bracelet, ring, pin, and earring. Inc. (Nasdaq:DGJL-news), today released results for its third quarter ended September September: see month. 30, 2001 and the nine months then ended. Revenues for the quarter were $8.2 million compared to $8.3 million in the year-earlier period. Revenues for the nine months ended September 30, 2001 were $26.1 million, as compared to $26.0 million. Net income for the three months ended September 30, 2001 was $146K, as compared to $131K for the corresponding quarter in fiscal 2000. Net income for the nine months ended September 30, 2001, was $1.8 million, as compared to $1.67 million in the corresponding period of fiscal 2000. Earnings per share for the three months ended September 30, 2001 were 0.02, as compared to 0.02 in the corresponding period of fiscal 2000. Earnings per share for the nine months ended September 30, 2001 were 0.27, as compared to 0.25 in the corresponding period of fiscal 2000. D.G. Jewelry Inc. is primarily engaged in the design, merchandising merchandising Element of marketing concerned especially with the sale of goods and services to customers. One aspect of merchandising is advertising, which aims to capture the interest of the segment of the population most likely to buy the product. and distribution of stone-set jewelry for department stores This is a list of department stores. In the case of department store groups the location of the flagship store is given. This list does not include large specialist stores, which sometimes resemble department stores. , mass merchants, catalog catalog, descriptive list, on cards or in a book, of the contents of a library. Assurbanipal's library at Nineveh was cataloged on shelves of slate. The first known subject catalog was compiled by Callimachus at the Alexandrian Library in the 3d cent. B.C. showrooms, television shopping networks and other high-volume retailers and other major discounters in the U.S., Canada Canada (kăn`ədə), independent nation (2001 pop. 30,007,094), 3,851,787 sq mi (9,976,128 sq km), N North America. Canada occupies all of North America N of the United States (and E of Alaska) except for Greenland and the French islands of and Europe. For more information, please visit us at www.dgjewelry.com. Except for the historical information contained herein, the matters discussed in this release include forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. that may involve a number of risks and uncertainties. Actual results may vary significantly based on a number of factors, including, but not limited to, risks in product demand, the impact of competitive products and pricing, changing economic conditions, both here and abroad, release and sales of new products, changing retail economic conditions, reliance on major accounts and banking relationships, general economic conditions including those specific to the jewelry industry, and other risk factors detailed in the company's 'most recent annual report and filings with the Securities and Exchange Commission. As a result, there is no assurance that our revenues will continue to grow or that our margins will be maintained. Nor is there any assurance that reserves shown as unusual item will be adequate. |
|
Printer friendly
Cite/link
Email
Feedback
Reader Opinion