Thursday, September 23, 2010

Charles & Colvard reports a distinction

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Charles & Colvard reported stronger sales of the fake moissanite gemstones during the initial quarter.

The Morrisville association additionally done income during the three-month period, the initial essential entertain in scarcely 3 years.

The formula show that efforts to capture new retailers, distributors and consumers "are receiving hold," CEO Randy N. McCullough pronounced Tuesday during a discussion call with analysts. Charles & Colvard hired McCullough last tumble to revitalise sales that sank even prior to the retrogression tempered consumer spending.

One bid involves a new online store, www. moissanite.com/store , for "friends and family" that will sell excellent valuables and moissanite gems at a discount. It is approaching to go live this morning.

Net sales in the entertain that finished Mar 31 rose to $2.85 million, up fifteen percent from a year earlier. International sales rose 60 percent, as the association combined a sell patron in India, arch monetary military officer Timothy Krist said.

Staff bard Alan M. Wolf

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