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Home \ BusinessNews \ Newsflash \ Tiffany"s 1Q profit tumbles, but meets view (AP)

Tiffany"s 1Q profit tumbles, but meets view (AP)

Friday, 29 May 2009 07:07

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FILE - In this file photo taken March 23, 2009, jewelry is on display in the window of the Tiffany & Co. flagship store on Fifth Ave., in New York. Jewelry retailer Tiffany & Co. said Friday, May 29, its first-quarter profit plunged 62 percent on a steeper-than-expected drop in sales as consumers continued to pull back on spending. (AP Photo/Mary Altaffer, File)AP - Jewelry retailer Tiffany & Co. said Friday that its first-quarter profit plunged 62 percent on a steeper-than-expected drop in sales as consumers continued to pull back on spending.


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