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Re: Tiffany Profit Tops Estimates as Higher Prices Help Sales

By: oldCADuser in FFFT | Recommend this post (0)
Thu, 22 May 14 2:52 AM | 67 view(s)
Boardmark this board | Food For Further Thought 		Msg. 63904 of 65535
(This msg. is a reply to 63903 by clo)
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I'm glad to see that the 1% is out spending some of their money rather then stashing it all in the Cayman Islands.




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The above is a reply to the following message:
Tiffany Profit Tops Estimates as Higher Prices Help Sales
By: clo in FFFT
Thu, 22 May 14 2:46 AM 		Msg. 63903 of 65535

Tiffany Profit Tops Estimates as Higher Prices Help Sales
By Cotten Timberlake May 21, 2014 4:11 PM ET

Tiffany & Co. (TIF), the world’s second-largest luxury jewelry retailer, posted first-quarter profit that exceeded analysts’ estimates and raised its forecast for the year as price increases helped boost sales.

Net income rose 50 percent to $125.6 million, or 97 cents a share, in the three months ended April 30, 
from $83.6 million, or 65 cents, a year earlier, the New York-based company said in a statement today. Analysts projected 78 cents, the average of 23 estimates compiled by Bloomberg.

more:
http://www.bloomberg.com/news/2014-05-21/tiffany-profit-tops-estimates-as-higher-prices-help-sales.html

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