TIF.. nice performance up about 1/2... Expecting some 'earners' to fair well tomorrow. Sold off everything this afternoon. Market doesn't attract me to do any more than just daytrade
Worldwide Sales Up 13%; Comparable U.S. Store Sales Up 12%
NEW YORK, May 18 /PRNewswire/ -- A strong performance was achieved by
Tiffany & Co. (NYSE: TIF) in its first quarter of 1998. Substantially
higher sales, particularly in the Company's two U.S. business channels,
along with a higher operating margin, contributed to robust earnings
growth.
For the three months ended April 30, 1998, not sales rose 13% to $226,
159,000, compared with $199,699,000 in 1997's first quarter. Net
earnings increased 25% to $11,120,000, or 31 cents per diluted share,
compared with $8,880,000, or 25 cents per diluted share, in the prior
year. |
