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Market Update : 
Tiffany Third Quarter Earnings Call
Author: Albena Toncheva
123jump.com
Last Update: 12:59 PM EST December 03 2007


The jewelry and luxury goods retailer added that excluding a gain of 48 cents per share on the sale-leaseback of the Tokyo flagship store, net income was 23 cents per share. Sales climbed 18% to $627.3 million from $531.8 million a year ago, bolstered by a 9% gain in global same store sales. The company boosted its outlook for fiscal 2007 to a range of $2.25 to $2.30 per share, excluding charges and gains, from the earlier outlook of $2.22 to $2.27 per share.

 

 

 

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