Interviews
News Flash
Jewelry retailer DGSE Companies' revenues up in Q3
14 Nov '05
3 min read
This represents an increase of 4.3 percent versus $5,690,282 or $.1.16 per share at the end of the Third Quarter 2004.
'The Third Quarter continued the revenue growth trends of their core businesses despite higher oil prices and two devastating hurricanes,' noted William H. Oyster, President and Chief Operating Officer of DGSE Companies Inc' Mr Oyster continued, 'Their American Pay Day Centers Inc in New Mexico are enjoying increasing loan balances and they expect them to reach break-even in the very near term.
Their rare coin business is accelerating and in the third quarter their US Bullion Exchange activities began to grow materially.
They are also very excited about the new location for their successful superstore in Charleston, South Carolina.
The new store has already enjoyed substantially better performance than at its prior location.
They are very enthusiastic about the fourth quarter and expect both revenues and earnings to significantly exceed last year's results.'
DGSE Companies Inc, operating as Dallas Gold & Silver Exchange Inc, wholesales and retails jewelry, diamonds, fine watches and precious metal bullion and rare coin products to domestic and international customers via traditional and Internet channel.
DGSE also owns Fairchild International Inc, one of the largest vintage watch wholesalers in the country.
'The Third Quarter continued the revenue growth trends of their core businesses despite higher oil prices and two devastating hurricanes,' noted William H. Oyster, President and Chief Operating Officer of DGSE Companies Inc' Mr Oyster continued, 'Their American Pay Day Centers Inc in New Mexico are enjoying increasing loan balances and they expect them to reach break-even in the very near term.
Their rare coin business is accelerating and in the third quarter their US Bullion Exchange activities began to grow materially.
They are also very excited about the new location for their successful superstore in Charleston, South Carolina.
The new store has already enjoyed substantially better performance than at its prior location.
They are very enthusiastic about the fourth quarter and expect both revenues and earnings to significantly exceed last year's results.'
DGSE Companies Inc, operating as Dallas Gold & Silver Exchange Inc, wholesales and retails jewelry, diamonds, fine watches and precious metal bullion and rare coin products to domestic and international customers via traditional and Internet channel.
DGSE also owns Fairchild International Inc, one of the largest vintage watch wholesalers in the country.
Dallas Gold & Silver Exchange
Popular News
Leave your Comments
Editor’s Pick
Christian Guinet
French Textile Equipment Manufacturers’ Association (UCMTF)
Yohan Lawrence
Joint Apparel Association Forum (JAAFSL)
Pratik Gadia
The Yarn Bazaar - Filosha Infotech Private Limited
Esteemed Clients
-Ltd..jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Thermore (Far East) Ltd.")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Taiwan Textile Federation (TTF)")
