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Harry Winston Diamond Corporation Announces Fiscal 2011 First Quarter Results
TORONTO, June 2, 2010 /PRNewswire-FirstCall/ - Harry Winston Diamond Corporation (TSX:HW, NYSE:HWD) (the "Company") today announced its first quarter results for the period ending April 30, 2010.
First Quarter Highlights:
- Consolidated sales increased 4% to $114.0 million from $109.6 million
in the comparable quarter of the prior year, resulting in earnings
from operations of $1.4 million, compared to a loss of $10.1 million
in the comparable quarter of the prior year.
- Rough diamond sales of $48.9 million were 15% lower from the
comparable quarter of the prior year.