Tiffany declines after doldrums persist in most of the world

TIFFANY & CO. saw net income for fiscal 2018 fall in large measure due to the effects of the recent federal tax overhaul, although same-store sales across the globe were flat on a constant-exchange rate basis. / BLOOMBERG NEWS PHOTO/SARAH BLESENER
TIFFANY & CO. saw net income for fiscal 2018 fall in large measure due to the effects of the recent federal tax overhaul, although same-store sales across the globe were flat on a constant-exchange rate basis. / BLOOMBERG NEWS PHOTO/SARAH BLESENER
NEW YORK – Tiffany & Co. is still trying to regain its luster. The key metric of same-store sales at the 181-year-old jeweler missed analysts’ estimates in most of its regions last quarter, driving the stock down Friday the most in almost 10 months. Tiffany has been trying to reverse a lengthy sales slump. The…
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