Maiden Lane Jewelry, Ltd. reported earnings results for the year ended May 31, 2014. For the year ended May 31, 2014, the company reported net sales revenue of approximately $5.4 million, a 157% increase from approximately $2.1 million, for the prior year period September 6, 2012 to May 31, 2013. The increase in 2014 sales performance is primarily due to the change from fashion jewelry sales to sales of complete rings (inclusive of center diamonds) and the recent emphasis on Aspiri cut diamond rings which became the focus of the company's sales efforts during the quarter ended May 31, 2014.

The company had a loss before tax of $427,000 and net loss of $356,000 after a tax benefit. Net loss per share was $0.03. For the prior 2013 period, the company had income before tax of $110,000 and net income of $87,000 after provision for income taxes.

Net income per share was $0.01. Loss from operations was $362,211 compared to income from operations of $112,462 for the prior year period September 6, 2012 to May 31, 2013.