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January 18, 2008
Tiffany’s Same Store Sales Slide
U.S . same store sales at Tiffany & Co. were down 2% over the holiday season as shoppers controlled their spending. This compares to a 7% growth in comps for November.
However, the jewelry retailer said that overall holiday sales were up 4% in the U.S. and 18% internationally.
Tiffany expects fourth-quarter earnings to come in in-line with expectations at $2.25 to $2.28 per share.
Posted by Blacks on January 18, 2008 12:49 PM
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