Headlines

All That Glitters

Tiffany’s reports better-than-expected 4Q

Published

17 years ago

March 28, 2007

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Tiffany & Co. (New York) reported a slight rise in net income for its fourth quarter ended Jan. 31, 2007.

The earnings gain, which topped Wall Street estimates, was attributed to stronger-than-expected sales growth. The luxury jewelry retailer said it was on track to meet its first-quarter earnings forecast.

Quarterly sales, particularly in higher-end diamond jewelry, were strong across the United States and in most international markets, other than Japan, Tiffany said.

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