Tiffany & Co. reported net earnings of $40.1 million for the first quarter, up 9% from $36.8 million last year.
The jewelry cataloger and retailer reported net sales of $509.9 million, up 12% from $457 million last year.
The New York-based company reported direct marketing sales of $41.4 million, up 12% from $369 million last year. Combined Internet and catalog sales rose 14%.
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