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Tiffany & Co. Message Board

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  • unbeldi4u unbeldi4u Dec 23, 2010 9:46 PM Flag

    profit margin squeeze is coming in Q4

    Pretty hilarious. The reason TIF and Coach have been doing so well this year is exactly because people that buy their products, don't really care what they cost.
    A year ago, despite doing well, the company went through a major round of layoffs, reducing operating costs. The fruit of that is superior performance to continue.
    My target: $93 sometime in 2011.

 
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