|
|
Berkshire Hathaway’s Retail Sales Jump
Feb 27, 2017 4:12 AM
By Rapaport News
|
|
|
RAPAPORT... Revenue from Berkshire Hathaway’s retail division, including
three jewelry businesses, grew 14 percent to $15.09 billion last year, the
company reported over the weekend.
Pre-tax earnings for the unit increased 17 percent to $659 million
in 2016, the Warren Buffett-owned conglomerate said.
The rise in sales reflected the acquisitions of
car-dealership group Berkshire Hathaway Automotive and motorcycle-accessory
retailer Detlev Louis Motorrad in 2015. The retail division also includes
jewelers Borsheims, Helzberg and Ben Bridge.
|
|
|
|
|
|
|
|
|
|
Tags:
ben bridge, Berkshire Hathaway, Berkshire Hathaway Automotive, borsheims, Detlev Louis Motorrad, Helzberg, jewelers, Jewelry, Rapaport News, retail, warren buffett
|
|
|
|
|
|
|
|
|
|
|
|
|