By  on March 22, 2019

Wall Street is standing by Tiffany & Co., looking past a fourth-quarter sales slowdown to the promise of some more sparkle later this year.

Shares of the jeweler rose 3.2 percent to $103.21 after it turned in 2018 results Friday that showed a late-year slowdown in sales as tourists and U.S. consumers pulled back. Fourth-quarter comparable sales slid 1 percent.

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