Luxury
Tiffany reports a surprise drop in same-store sales
Tiffany & Co reported lower-than-expected quarterly sales and a surprise drop in comparable sales due to lower spending by tourists and domestic customers in the Americas, its largest market. The company's shares fell 5.6 percent to $87.95 before the bell on Wednesday. Tiffany, whose one-of-a-kind pieces are a regular feature…
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Click here to read the full story: Business Insider