All That Glitters

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.