25.11.2014 - Tiffany & Co increased its sales in the US , but has reduced it in Japan
The American company Tiffany & Co reported a sales growth of 5.3% in the last quarter with the improvement of the situation in America, but weak performance in Japan and the Asia-Pacific region as a whole. Thus, the figure in America grew by 10 % to $ 459 million, sales in Japan decreased by 5% due to the Japanese yen reduction and totaled $ 113 million. It is worth noting that in the 4th quarter is traditionally expected sales growth due to the Christmas holidays. We recommend including the company's shares in the medium-term investment portfolio with the potential of growth by 25-30% per year.