Tiffany & Co. reported net earnings of $24 million for the third quarter, a 34% decline from $36.3 million in 2000.
Direct marketing-based sales dropped 3% to 33.8 million and year-to-date sales increased 4% to $99.3 million.
Overall net sales of $333.1 million were 10% below $372.1 million a year ago. The quarter ended Oct. 31.
For the nine months ended Oct. 31 net earnings declined 14% to $90.8 million from $106 million in 2000.
Total net sales for the period were $1.04 million, 5% below $1.1 million a year ago.
Cataloger and retailer Tiffany Co. is based in New York.
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