Tiffany & Co. (NYSE: TIF) reported fiscal third-quarter earnings of 73 cents per share, or $94.6 million, compared with 49 cents per share, or $63.2 million, a year ago. During the quarter ended Oct. 31, global sales increased 7 percent to $911.5 million. The luxury goods retailer also raised its profit outlook.
Shares of Tiffany jumped 7.68 percent to $87.21 in morning trading.
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