Tiffany posts higher profit

Thu Aug 28, 2008 7:47am EDT
 
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NEW YORK (Reuters) - U.S. jeweler Tiffany & Co (TIF.N) posted a higher quarterly profit on Thursday, benefiting from strong international sales and solid tourist spending at its New York flagship store.

The net profit was $80.8 million, or 63 cents per share, in its fiscal second quarter, ended July 31, compared with $40.5 million, or 29 cents per share, a year earlier.

(Reporting by Aarthi Sivaraman; Editing by Steve Orlofsky)

 
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