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Tiffany Raises Profit Forecast As Quarterly Sales Beat Estimates

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November 26, 2013 AT 4:13 AM
Tiffany & Co ( TIF.N ) on Tuesday reported a higher quarterly profit, helped by stronger-than-expected sales as business soared in China, and the U.S. jeweler raised its full-year forecast as global sales rose 7 percent to $911.5 million in the third quarter ended October 31.