Seattle The online jewelry retailer Blue Nile announced Monday that its CFO has resigned, sending shares falling and web traffic into a slowdown.
According to the company, CFO Robin Easton resigned effective March 31. The company's VP of finance and controller, Terri Maupin, will take on the responsibilities of principal financial and accounting officer when Easton leaves, and the company intends to look for a new CFO.
Also Monday, Citi Investment Research analyst Mark S. Mahaney said in a note to clients that data from comScore, Inc. showed Blue Nile's number of unique visitors fell 18% year over year to 816,000 in February.
Mahaney said comScore data also indicated Nile's January traffic was down 14% year over year.