Tiffany 2Q profit soars, raises full-year outlook
Source: The Oklahoman - Aug 26, 2011 at 8:34 AM
NEW YORK (AP) — Tiffany & Co.'s net income jumped 30 percent in the second quarter, led by strong growth overseas as high-income shoppers continued to be drawn to its jewelry and other goods.
The New York company's results handily beat Wall Street's expectations, and it raised its full-year profit forecast on the better-than-expected performance.
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