Tiffany & Co. (TIF) announced Thursday morning that net sales for the two-month period ended December 31, 2012 increased 4 percent to $992 million, which was at the low-end of its expectations. The Company now expects earnings for the year ending January 31st to be at the lower end of its previous forecast of $3.20 to $3.40 per share.
Tiffany gapped open sharply lower Thursday, but climbed during the first hour of trade, before settling into a range. The stock closed up by 2.86 at $60.40 on strong volume. Tiffany & Co. dropped below both its 50 and 200-day moving averages.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.