Tiffany & Co: To Declare The Second Quarter Results.
A company named Tiffany & Co which is a Luxury and fine jewelry retailer is going to announce the second-quarter results on Friday. Tiffany & Co is a New York-based company, founded in 1837, is involved in the designing, manufacturing, and retailing of fine jewelry.
The products of this company include a range of solitaire and fine jewelry; diamond rings, wedding bands, gold, and platinum jewelry. The brokerage opined that the top most momentum in 2Q was solid and was supported by new collections of fine jewelry including yellow diamonds and the Tiffany "Locks" collection. Tiffany had affected some price increases in fine jewelry early this year. Barclays Capital Americas is of the opinion that these increases haven't met with any noteworthy conflict and that unit volume growth has increased.
Posted: August 26th, 2011 under News.