DGSE Companies, Inc. Anticipates Continued Positive Earnings in Second Quarter
July 05 2017 - 5:00PM
Business Wire
DGSE Companies, Inc. (NYSE MKT:DGSE) (“DGSE” or the
“Company”), a leading wholesaler and retailer of jewelry, diamonds,
fine watches, and precious metal bullion and rare coin products,
today announced that it expects to post a profit in the second
quarter of 2017.
DGSE’s recent return to its roots - buying and selling jewelry
and timepieces at exceptional prices – is expected to bring
continued improvement. “We’ve worked hard to manage costs, shorten
supply chains, add unique merchandise to our showrooms, and
implement our extremely competitive pricing strategies,” said John
Loftus, DGSE’s President, Chairman and Chief Executive Officer
since mid-December 2016.
DGSE features a broad selection of high-quality vintage and new
jewelry, precious metal bullion, rare coins, fine timepieces and
diamonds, value pricing and a customer-friendly sales process.
Scott Mosley, DGSE’s retail operations manager since January 2017,
added, “DGSE strives every day to deliver an unrivaled customer
experience, build lasting relationships, and be an information
resource for our customers.”
DGSE Companies, Inc. wholesales and retails jewelry, diamonds,
fine watches, and precious metal bullion and rare coin products
through its Charleston Gold & Diamond Exchange and Dallas Gold
& Silver Exchange operations. In addition to its retail
facilities in South Carolina and Texas, the Company operates
websites which can be accessed at www.dgse.com, and
www.cgdeinc.com. The Company is headquartered in Dallas, Texas and
its common stock trades on the NYSE MKT exchange under the symbol
“DGSE.”
This press release includes statements that may constitute
“forward-looking” statements. These statements are made pursuant to
the safe harbor provisions of the Private Securities Litigation
Reform Act of 1995. Forward-looking statements inherently involve
risks and uncertainties that could cause actual results to differ
materially from the forward-looking statements. Factors that would
cause or contribute to such differences include, but are not
limited to, the Company’s ability to execute on new business
strategies, market conditions and other risks detailed in the
Company's periodic report filings with the Securities and Exchange
Commission. By making these forward-looking statements, the Company
undertakes no obligation to update these statements for revisions
or changes after the date of this release except as required by
law.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20170705005533/en/
DGSE Companies, Inc.Bret Pedersen,
972-587-4024bpedersen@dgse.com
DGSE Companies (AMEX:DGSE)
Historical Stock Chart
From Jun 2024 to Jul 2024
DGSE Companies (AMEX:DGSE)
Historical Stock Chart
From Jul 2023 to Jul 2024