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The world second largest jewelry retailer located in New York, Tiffany & Company said Tiffany & Co. Tiffany 1837 ring that its third-quarter earnings rose nearly 23 percent from a year ago, helped by a big gain in sales at its stores in the United States.
The Manhattan-based retailer earned $11.46 million, or 32 cents a share, compared with $9.3 million, or 26 Tiffany Tiffany 1837 lock ring interlocking circles bangle a share, a year ago. Sales were $233.1 million, up from $211 million a year ago.
Tiffany said sales at its United States stores rose 15 percent, while catalogue sales increased by 9 percent from a year ago. Elsa Peretti Open Heart ring & Co. bangle sales rose 6 percent.
For the first nine months of the year, Tiffany earned $30.72 million, or 85 cents a share, compared with $22.67 million, or 65 cents a share, a year ago. Sales were $649.9 million for the first nine months of the year, up from $594.5 million last year.
And the international tiffany store sales also rose about 30 percent. Tiffany's results topped Wall Street analysts' Tiffany 1837 Paloma Picasso Loving Heart ring circles bangle for the quarter.