This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:LJ International Announces Third Quarter 2009 Financial Results 2009-11-11 16:35 ET - News Release Strong Earnings Contributions and From LJI’s ENZO Division Increases
Overall Margins and EPS Highlights: - Revenues total $26.2 million in third quarter, with retail up 24%
and wholesale down 38% from Q3 of 2008
- Gross profit rises 3%, reflecting revenue increases across both
wholesale and retail divisions
- Net income rises 201%; EPS increases to $0.05 from $0.02 from
year-ago period
- ENZO’s same-store sales rise 18% year-over-year despite global
recession
- LJI raises guidance for fourth quarter with revenue expectations of
over $30 million and earnings of over $1.9 million, or $0.08 per
diluted share; Full-year 2009 revenues expected to exceed $100 million
on earnings of $3.35 million, or $0.14 per diluted share
- Company’s expansion strategy expected to include 100 new ENZO store
openings over next two years
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