Berkshire Hathaway Retail Sales Rise

By Rapaport News / August 05, 2018 / www.diamonds.net / Article Link

RAPAPORT... Revenue from the retail division of Warren Buffett'sBerkshire Hathaway increased 5% to $3.93 billion in the second quarter, thecompany reported Saturday. The improvement in the division, which includes jewelrychains Borsheims, Helzberg Diamonds and Ben Bridge Jeweler, was boosted inlarge part by the company's automotive sector and the sale of pre-ownedvehicles. Pre-tax earnings for the entire retail unit climbed 22% to $764million. Revenue from manufacturing of consumer products, whichincludes jewelry maker Richline, rose 8% to $3.23 billion.

Recent News

Big Gold has another strong quarter, but some signs growth cooling

May 12, 2025 / www.canadianminingreport.com

Gold stocks nearly regain highs on rising metal price

May 12, 2025 / www.canadianminingreport.com

Gold stocks down as risk on move continues

May 05, 2025 / www.canadianminingreport.com

Mixed outlook for resources on new Canadian government

May 05, 2025 / www.canadianminingreport.com

Gold's Bull Market Pullbacks

April 28, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok