Consumer Staples Nov 25, 2020 10:10 AM (GMT+8) · EqualOcean
Tiffany's third quarter results showed global net sales of $10.1 billion, higher than market expectations of $980 million. By region, sales in the Asia Pacific region surged by 30%, while those in other regions fell, with sales in the Americas down 16%, far below the 46% decline in the previous quarter. Net profit was $119 million, 52% higher than last year's $78 million, and net earnings per share was $0.98, up from $0.65 last year.