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Jewelry Television’s Sales Rise 16%

Aug 18, 2016 10:29 AM   By Rapaport News
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RAPAPORT... Jewelry Television (JTV) reported sales jumped in the past fiscal year as the digital retailer expanded its customer base.

Revenue grew 16 percent in the 12 months to June and the number of customers increased 12 percent, the company said. During the last three months of that period, customer count advanced 14 percent and sales climbed 15 percent. Sales over the past two years have risen 37 percent.

“We're extremely encouraged by the consistent and robust growth JTV has achieved over the past several quarters and throughout our fiscal year," said Tim Matthews, JTV’s chief executive Officer, JTV.

JTV broadcasts live programming 24 hours a day, seven days a week to 86 million U.S. households and also sells jewelry online.
Tags: Broadcasting, digital retail, Jewelry Television, jtv, Rapaport News, retail, television, Tim Matthews, tv
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