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Charles & Colvard shrinks Q2 loss on lower tax expense

2015-08-08 22:14:39| Jewelry - Topix.net

While specialty jewelry retailer Charles & Colvard Inc. saw sales decline and many expenses rise in the second quarter of fiscal 2015, a sharp decrease in income tax expense allowed the retailer to reduce net loss to $4.05 million from $6.19 million in the prior-year period. There was some good news in Charles & Colvard's direct-to-consumer businesses.

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