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What’s behind Tiffany’s Massive First-Quarter Earnings Growth?

What’s behind Tiffany’s Massive First-Quarter Earnings Growth?

Tiffany (TIF) reported a stronger-than-expected fiscal first-quarter bottom line on May 23. Its EPS (earnings per share) of $1.14 trounced analysts’ expectation of $0.83 and jumped 54.1% YoY (year-over-year).