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Tiffany Q1 Sales Up 8%, Comps Up 4%; Downgrades Outlooks
forbes.com 1 week agoTiffany & Co. said Thursday that worldwide net sales increased 8 percent, year-over-year, to $819 million and same store sales rose 4 percent for the first quarter of 2012. The luxury retail jeweler also downgraded its outlook for the year based on a softening of sales in the U.S. and abroad.
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Same-store Sales Up In May, But Shoppers Careful
yahoo.com 14 hours, 53 minutes ago(Reuters) - Low prices and good deals helped wary U.S. consumers overcome their growing anxiety about the economy in May, leading to stronger-than-expected sales for top retailers. Chains that cater to bargain hunters such as discounter Target Corp and low-priced chains TJX Cos Inc and Ross Stores Inc were among the big winners in May, with sales at stores open at least year that beat Wall Street expectations. Another winner, Macy's Inc, continued to hold sales events and thereby lure shoppers away from riv
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