More on Tiffany (TIF): Sales breakdown: Americas -1% Y/Y to $434M; Asia-Pacific +1% to $174M;...

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

More on Tiffany (TIF): Sales breakdown: Americas -1% Y/Y to $434M; Asia-Pacific +1% to $174M; Europe -1% to $100M. Gross margin as a percentage of sales fell 270 bps Y/Y and 90 bp Q/Q to 56.4%. Lowers full-year 2012 EPS forecast to $3.70-$3.80, from prior guidance of $3.95-$4.04. (PR)