By  on May 21, 2014

Shares of Tiffany & Co. advanced more than 9 percent Wednesday after the jeweler reported better-than-expected first-quarter results lifted by a surge in spending in Japan and ongoing strength in luxury.

The firm lifted its full-year earnings guidance and said it expects gross margin improvement for the year, although not at the level of the 200 basis point improvement registered during the first quarter.

To Read the Full Article
SUBSCRIBE NOW

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus