More on Tiffany's (TIF) Q1: Comparable-store sales +4%. Regions outside the Americas...

|About: Tiffany & Co. (TIF)|By:, SA News Editor

More on Tiffany's (TIF) Q1: Comparable-store sales +4%. Regions outside the Americas outperformed, while Americas saw soft sales growth. SG&A expenses up 9% Y/Y. Net inventories increased 27% to $2.2B. Expects to add 24 stores this year. Lowers FY 2012 outlook to $3.70-$3.80, from prior guidance of $3.95-$4.05. Shares -8.1% premarket. (PR)