Tiffany’s profit tops estimates in sign of luxury recovery

TIFFANY & CO. reported third-quarter profit that exceeded analysts’ estimates as demand improved in China and Japan, a sign that the worst of the global luxury market’s downturn may be over.  / BLOOMBERG NEWS/DAVID PAUL MORRIS
TIFFANY & CO. reported third-quarter profit that exceeded analysts’ estimates as demand improved in China and Japan, a sign that the worst of the global luxury market’s downturn may be over. / BLOOMBERG NEWS/DAVID PAUL MORRIS
NEW YORK - Tiffany & Co. reported third-quarter profit that exceeded analysts’ estimates as demand improved in China and Japan, a sign that the worst of the global luxury market’s downturn may be over. Earnings were 76 cents a share in the period ended Oct. 31, the New York-based company said in a statement Tuesday.…

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 -