Tiffany’s U.S. Q3 Same Store Sales Down 14%

by JCK Online - Gemstones and Pearls News in November 26th, 2008   
Gemstones & Pearls     
Tiffany & Co. reported Wednesday that net sales declined 1 percent to $618.2 million in the third quarter, ended Oct. 31. On a constant-exchange-rate basis which excludes the effect of translating foreign-currency-denominated sales into U.S. dollars, worldwide net sales declined 2 percent and same store sales declined 7 percent, which includes a 14 percent decline for same stores sales in the U.S.

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