Retail News

Tiffany & Co. shares soar following strong quarter

The Associated Press/U.S. News & World Report 05/23/2018

Tiffany’s same-store sales rose seven percent during the first quarter while its profits were up 53 percent year-over-year. The company’s earnings report plus news that it planned to buy back up to $1 billion in its own stock sent shares soaring above 12 percent in premarket trading.

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