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Tiffany raises profit forecast

2013-11-26 21 Dailymotion

Jewellery retailer Tiffany & Co. has announced profit for the third quarter that surpassed analysts’ expectations.<br /><br />Global sales rose 7 percent during the three months to October 31 of $911.5 million (approximately 673 million euros).<br /><br />Tiffany said shoppers in the US and China had been the key drivers of those strong sales figures.<br /><br />The bumper few months has led the firm to raise its profit forecast for the full-year.

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