Tiffany Holiday Sales Up 11%

Highlights of Tiffany’s financial statement (ended Dec. 30):

  • Worldwide sales: $888.5 million, up 11%
  • Worldwide comparable store sales: up 10%
  • Sales in the Americas region: $484.8 million, up 9%
  • Sales in the Americas region comparable store sales: up 7%
  • New York flagship store sales: up 3%
  • Sales in Japan: $142.5 million, up 11%
  • Sales in Asia-Pacific: $138.9 million, up 23%
  • Sales in Europe: $114.9 million, up 13%

Tiffany also raised its full year outlook based on its strong holiday sales. Michael J. Kowalski, Tiffany chairman and CEO, announced that the company expected sales of $3.1 billion in the fiscal year ending Jan. 31.

For more information on Tiffany’s financial statement, click
here.