FILE - In this Nov. 7, 2008 file photo, shoppers look in through a window at Tiffany & Co.'s new store at Easton Town Center in Columbus, Ohio. Jewelry retailer Tiffany & Co. said Friday, March 22, 2013, its fourth-quarter net income edged up less than 1 percent, but managed to beat Wall Street predictions. (AP Photo/Kiichiro Sato, File)
Tiffany's 4Q profit beats analysts' estimates
Published: 09:48:13 PM, Fri 22 March 2013 UTC
SPARKLING RESULTS: For the quarter ended Jan. 31, Tiffany earned $179.6 million, or $1.40 per share. Revenue rose 4 percent to $1.24 billion. Analysts polled by FactSet expected earnings of $1.36 per share on $1.25 billion in revenue
ASIA APPEAL: Tiffany's strong sales in Asia offset sluggish demand in the U.S.
MORE BLING? For the current year, Tiffany expects sales growth of 6 to 8 percent, which means that sales are expected to be from $4.02 billion to $4.09 billion. Analysts project $4.02 billion.
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