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Blue Nile’s international business bolsters third quarter results
Blue Nile, a leading online retailer of diamonds and fine jewelry, experienced its sixth consecutive quarter of double digit growth.
Net sales increased 10.1% to $98.9 million for the third quarter, compared to $89.8 million for the year-ago quarter.
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The Container Store makes public debut on New York Stock Exchange
New York -- The Container Store on Friday, Nov. 1, began trading on the New York Stock Exchange, under the ticker symbol “TCS.” Expectations were high: On Thursday, the retailer set its IPO price at $18 per share, higher than the originally-expected range of $14 to $16 per share.
The company is offering all 12.5 million shares of common stock, with an additional 1.9 million shares 30-day purchase option for the underwriters.