Tiffany 3Q Profit Up 37 Percent to $23.8M (AP)

[RSS News User]

<p><a href="http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/ap/20051130/ap_on_bi_ge/earns_tiffany"><img src="http://us.news3.yimg.com/us.i2.yimg.com/p/ap/20051130/capt.nykw10311302217.earns_tiffany_nykw103.jpg?x=9 6&amp;y=130&amp;sig=J0TvsupgfhPwGA50VLXGog--" align="left" height="130" width="96" alt="Sharon Byatt of London England leaves Tiffany and Co. on Fifth Avenue Wednesday, Nov. 30, 2005, in New York, after her husband Keith purchased a new diamond ring for her after 30 years of marriage. The fine jewelry retailer on Wednesday said third-quarter earnings grew 37 percent on higher profit margins, a lower tax rate and sales growth. Quarterly earnings totaled $23.8 million, or 16 cents per share, for the three months ended Oct. 31, up from $17.4 million, or 12 cents per share, a year earlier. Revenue increased 8 percent to $500.1 million from $461.2 million last year. (AP Photo/Kathy Willens)" border="0" /></a>AP - Fine jewelry retailer Tiffany &amp;amp; Co. on Wednesday said third-quarter earnings grew 37 percent on higher profit margins, a lower tax rate and sales growth.</p><br clear=all>

View the entire article: Tiffany 3Q Profit Up 37 Percent to $23.8M (AP)