Tiffany & Co.: Jewelry Firm Cuts Estimates As Customer Spending Falls
Tiffany & Co . slightly downgraded earnings expectations for the second quarter ending July 31, saying earnings would likely fall to 23 and 25 cents a diluted share. The New York jewelry retailer said in May that earnings “could approach last year’s level” of 26 cents a share, assuming that sales at U.S. stores open [...]
