Famed jeweler Tiffany put a lot of precious items in little blue boxes last quarter. The company reported sales of $962 million around the world, despite a difficult time in Japan. The company earned more in the same quarter last year, but still it beat expectations, making Wall Street happy and sending Tiffany shares up.
The TIFFANY T jewelry collection was a particularly strong performer worldwide, according to a company statement. The debut collection from design director Francesca Amfitheatrof, Tiffany T launched last summer and became an instant favorite among stylistas the world over. The signature Tiffany CT60 watch collection is also thriving.