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26 Nov

Tiffany raises outlook as 3Q profit comes in ahead (AP)

Posted in business on 26.11.09

FILE - In this file photo taken Nov. 7, 2008, shoppers look in through a window at Tiffany & Co.'s store at Easton Easton Town Center in Columbus, Ohio. Tiffany & Co.'s third-quarter profit dipped 1 percent, partly on weaker U.S. sales as shoppers continued to curb their discretionary spending, the company said Wednesday, Nov. 25, 2009.(AP Photo/Kiichiro Sato, File)AP – Strong overseas sales and cost-cutting kept a decline in Tiffany & Co.’s third-quarter profit to a bare minimum, causing the luxury jeweler to raise its full-year profit outlook heading into the crucial holiday season.



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