A look at Tiffany & Co.’s 2Q results by segment

By AP
Friday, 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.

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