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Tiffany Strikes Gold as Sales Once Again Beat Expectations

  • Jeweler’s shares rise in premarket trading after sales beat
  • The company also boosted its full-year earnings outlook
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Bloomberg’s Emma Chandra reports on the facelift of the iconic Tiffany & Co. 5th Avenue store in New York.Source: Bloomberg)
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Tiffany & Co. is still shining bright on Wall Street.

The jeweler’s shares jumped after it reported sales that exceeded analysts’ estimates and raised its full-year forecast.