iBankCoin
Joined Nov 11, 2007
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$TIF Beats by $0.18, Company Only Reaffirms Previous Guidance

“NEW YORK (AP) — Tiffany & Co. says its first-quarter net income rose 3 percent as sales improved across all regions.

The high-end jewelry company known for its blue boxes earned $83.6 million, or 65 cents per share, for the period ended April 30. That’s up from $81.5 million, or 64 cents per share, a year ago.

Excluding costs tied to staff and occupancy cuts, earnings were 70 cents per share. This easily beat the 53 cents per share analyst expected…..”

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