NEW YORK (
, the luxury goods retailer, said earnings and sales for the fiscal year ending this month will exceed its expectations after sales over the holiday period rose 17%.
Sales for the two-months ended Dec. 31 rose to $799.1 million.
Tiffany said it's on track to achieve net sales of about $2.7 billion for the full year and earnings from continuing operations of $2.07 to $2.12 a share, higher than its previous forecast of $1.88 to $1.98 a share.
Analysts surveyed by Thomson Reuters expect Tiffany to earn $1.92 a share in the fiscal year ending Jan. 31 on sales of $2.65 billion.
-- Reported by Joseph Woelfel in New York.
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