Have you ever thought for a second that the price-sensitive consumers to Tiffany wholesale ? The Tiffany jewelry store, said it earned more money in recent months and has increased its forecast for the year ended January 31.
Even gold prices rise, people bought more jewelry than some had anticipated. The high level of New York, shop, founded over one hundred years, said its net profit for the quarter ended October 31 of that increase from 23% to $ 29.1 million.
Tiffany earnings per share were 21 cents in the quarter, while the average estimate of analysts was 16 cents per share, according to San Francisco out of my own research farm.
The stock rose 7.2% to $ 38.51 per share in early trading on the New York Stock Exchange. Tiffany revenues increased 10% to $ 547.8 million during the quarter compared to last year.
During the holiday period from November to December, Tiffany & Company USA Sales growth at stores open more than a year out of high single digit expectation. International sales are over half the company expects to double digits. "It's a good start, but most of the activities of the holidays still ahead of us," said Tiffany. Tiffany wholesale
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