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Tiffany reports improved financial performance

Tiffany & Co reported this week a slightly higher profit for the quarter that included the holiday season and said net worldwide sales would rise 6 percent to 8 percent this fiscal year, with growth in all regions. For the fourth quarter ended on Jan. 31, the upscale jeweler reported earnings of $179.6 million, or $1.40 per share, compared with $178.4 million, or $1.39 a share, a year earlier. The company said it expected a profit of $3.43 to $3.53 per share this fiscal year.

Reuters

Tiffany flagship store Beijing

 

 

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