Friday, 14th May 2004 (4047 views)

Tiffany & Co has announced an increase in quarterly profit, in latest figures revealed this week.

Sales at stores open at least a year had risen by 20 per cent in the US, although Japanese results were down.

Net sales at the luxury jewellery increased by 15 per cent to $456.96 million.

Optimistic after disappointing results, the group claimed it expects second quarter same store sales to increase in high single digits.

However earnings did match average predictions made by analysts, according to Reuters.

 

« Back to the stories

 

The news feeds on this site are independently provided by Adfero Limited © and do not represent the views or opinions of the World Gold Council.