Luxury Retail Stocks: Two Worth a Look - Money Morning

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Luxury Retail Stocks: Two Worth a Look
Aug 29, 2008 12:04 PM UTC

Money Morning

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Symbol	Sentiment	Start	Return	Closed
TIF	n/a
HESAF		08/29/08	-10.56%	--
LVMUY		08/29/08	n/a	--

Via Long Investment Ideas from Seeking Alpha:

Luxury jeweler Tiffany & Co. (TIF) yesterday (Thursday) followed in the footsteps of other high-end brands when it announced strong fiscal second quarter results.

Tiffanyâ€™s net income increased to $80.8 million, or 63 cents per share, in the second quarter, up from $40.5 million, or 29 cents, for the same period a year prior. It was enough to beat mean analyst expectations of 55 cents per share and sent Tiffany shares up 10%.

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