Tiffany’s Asia growth, higher prices help earnings top estimates

TIFFANY & Co. fourth-quarter earnings topped estimates after new stores in Asia and higher-priced jewelry helped the luxury chain make up for slow sales in the U.S. / BLOOMBERG FILE PHOTO/KONRAD FIEDLER
TIFFANY & Co. fourth-quarter earnings topped estimates after new stores in Asia and higher-priced jewelry helped the luxury chain make up for slow sales in the U.S. / BLOOMBERG FILE PHOTO/KONRAD FIEDLER
NEW YORK - Tiffany & Co. fourth-quarter earnings topped estimates after new stores in Asia and higher-priced jewelry helped the luxury chain make up for slow sales in the U.S. Excluding some items, profit was $1.45 a share, last quarter, the New York-based company said Friday. That exceeded the average projection of $1.38. The results…

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