A look at Tiffany & Co.’s 2Q results by segment
By APFriday, August 27, 2010
A look at Tiffany & Co.’s 2Q results by segment
A look at Tiffany & Co. second-quarter results by segment:
AMERICAS: Revenue rose 8 percent to $350.4 million. Internet and catalog sales fell 2 percent. Revenue at stores open at least a year rose 5 percent on a constant currency basis.
ASIA-PACIFIC: Revenue increased 21 percent to $111.5 million, with the biggest growth in China, Hong Kong, Korea and Macau. Revenue at stores open at least a year rose 7 percent on a constant currency basis.
JAPAN: Revenue rose 4 percent to $118 million. Revenue at stores open at least a year fell 7 percent on a constant currency basis.
EUROPE: Revenue rose 14 percent to $76.9 million with strong growth in Britain and continental Europe. Revenue at stores open at least a year rose 21 percent on a constant currency basis.