Tiffany reported sales +4% to US$ 1.03 billion

Tiffany & Co. reported sales increase to 4% year on year to the total of $1.03 billion during the two-month long Christmas season. Comparable-store sales rose 6%. Revenue from stores in the Americas increased 6% to $550 million, while comparable-store sales rose 7%. Sales from the Asia-Pacific region increased 5% to $196 million and same-store sales were flat.