Charles & Colvard Net Sales Down 33%



Charles & Colvard, Ltd. announced Thursday its net sales for the quarter were $2.4 million, down 33 percent from $3.5 million in the fourth quarter of 2008.

Net sales for fiscal year 2009 were $8.3 million, down 44 percent from $14.7 million in the same period of 2008. Net sales for the quarter were up 10 percent over net sales of $2.1 million in the third quarter of 2009.