I was aware of the public financial information. In fact I work at a mutual fund company.
The problem is these company''s gross margins are an average of all of their products sold. Decorative jewelry and silver jewelry have higher gross margins than diamonds. That is counter intuitive to some investors because of the latter''s higher price point, but at the end of the day, diamonds are a commodity product (I know, blasphemy on this board).
So from this information we can derive that
Blue Nile''s markup on diamonds is less than 20% and Tiffany''s is less than 40%... but how much less? Anyone have any insight here. Logical guestimates are welcome
