China tarnishes Tiffany's luster

Investor's Business Daily

The jeweler said Q3 EPS fell 30% to 49 cents, missing analysts' estimate by 14 cents. Sales rose 4% to $852.7 mil, below estimates of $859.2 mil. Tiffany & Co.'s (TIF) same-store sales climbed 1%. The slowing economy in China and sluggishness elsewhere affected results. Shares fell 6.2% to 59.80.

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