Tiffany strikes gold as sales once again outpace expectations in Q2

TIFFANY & CO. reported a $144.7 million profit for the second quarter ended July 31. / BLOOMBERG NEWS FILE PHOTO/VICTOR J. BLUE
TIFFANY & CO. reported a $144.7 million profit for the second quarter ended July 31. / BLOOMBERG NEWS FILE PHOTO/VICTOR J. BLUE
NEW YORK - Tiffany & Co. is still shining bright on Wall Street. The jeweler’s shares jumped after it reported sales that exceeded analysts’ estimates and raised its full-year forecast. Tiffany is experiencing a renaissance after a lengthy period of same-store sales contraction that ended last holiday season. CEO Alessandro Bogliolo has been revamping the…

Want More Free?

To access 2 more articles, please log in or register for free.

Registered users get access to a limited number of free articles every month.

Register Now

Already registered? Login to access more free articles.

Purchase NowWant to share this story? Click Here to purchase a link that allows anyone to read it on any device whether or not they are a subscriber.

- Advertisement -