Tiffany & Co. (TIF) Reports In-Line Q3 EPS, Comps Increase 3%
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Tiffany Reports Third Quarter Results:
November 28, 2018 6:40 AM ESTGrowth in All Regions Driven by Sales to Local Customers;
Company Maintains Its Full Year Earnings Outlook
NEW YORK--(BUSINESS WIRE)-- Tiffany & Co. (NYSE: TIF) today reported its financial results for the three months (third quarter) and nine months (year-to-date) ended October 31, 2018. Management attributed sales growth in the third quarter to higher spending by local customers in all regions, partly offset by lower spending attributed to foreign tourists, primarily Chinese, in certain regions. Planned higher strategic investment spending in the quarter and year-to-date, which is intended to support... More
