"I'm proud to report that our team delivered the highest single quarter revenue in Company history, representing a 13% increase to the year-ago quarter, with $13.8 million in net sales for the quarter, and a 49% gross margin. Additionally, we recorded $24.0 million in revenue for the fiscal year-to-date, achieving a 20% increase over the year-ago period. This is a testament to the hard work of the entire team and our deployment of increased capital towards overall brand awareness to drive top-line growth during our critical holiday season and beyond," said Don O'Connell, President and CEO of Charles & Colvard.