IN BRIEF (Page 16)
China Daily | Updated: 2009-03-24 07:56
Tiffany profit falls
Tiffany & Co posted a higher-than-expected quarterly profit yesterday but was stung in the period by lower sales and said it has not seen any signs of a turnaround.
Tiffany's net profit fell to $31.1 million, or 25 cents per share, in the quarter that ended January 31, compared with $127.4 million, or 96 cents per share, a year earlier.
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