- Blue Nile (NASDAQ:NILE) reports U.S. engagement net sales +5.0% to $60.8M in Q3.
- U.S. non-engagement net sales decreased 1.7% to $23.5M.
- Gross margin rate fell 110 bps to 17.8%.
- The company says it purchased 1.2M shares YTD.
- Guidance: Net Sales - Q4 $159M to $174M, FY $475M to $490M; EPS - Q4 $0.47 to $0.47, FY $0.81 to $0.86.