KNOXVILLE, Tenn., Nov. 9, 2016 /PRNewswire/ -- Jewelry Television (JTV), the leading omni-digital retailer dedicated to the jewelry and gemstones industry announced sales growth of 10.6% in the third quarter of 2016 (July – September 2016), continuing the Company's outperformance of the broader retail industry.*
During the same period, JTV's shipments also increased 18.5%, aided by the largest grossing Labor Day Weekend for the brand since 2009.
"For 10 consecutive quarters, JTV has not only delivered positive sales growth, but double-digit growth," said Tim Matthews, Chief Executive Officer, JTV. "The ability of this organization to consistently generate the type of results we have, especially in tough retail market conditions, is a testament to our team and our differentiated, 'omni-digital' strategy, which continues to resonate with consumers."
JTV's previously reported quarterly sales growth for Q2 was 15.2% (April – June 2016).
Note: JTV's fiscal calendar runs from July – June. The above sales information represents JTV's fiscal Q1.
*SOURCE: National Retail Federation's July, August and September Retail Industry Sales (excluding automobiles, gasoline stations and restaurants) Reports, which tracked sales increase of 1.7, 4.1 and 3.5 percent respectively for the months of July, August and September compared to the same time period in 2015.
About Jewelry Television®: Jewelry Television® (JTV) is the leading retailer of jewelry and gemstones in the United States. Privately-held with a proven 23 year history, JTV leverages an omni-digital strategy designed to elevate the customer experience through holistic, digitally-driven touch points, including broadcasting live programming 24 hours a day, seven days a week to 86 million U.S. households, an industry leading mobile optimized e-commerce platform, and a robust social media presence. As part of its commitment to the development and distribution of educational content and consumer satisfaction the company employs numerous Graduate Gemologists and Accredited Jewelry Professionals. The company's website, JTV.com, is one of the largest jewelry e-commerce websites in the country according to Internet Retailer's Top 500 list for 2015. Visit JTV.com for more information or socially connect with JTV at: Facebook, Twitter, LinkedIn and Instagram.