Tiffany & Co., the New York-based jewelry cataloger/retailer reported its net earnings rose 27% to $53.3 million in the fourth quarter and 24% to $90.1 million in the fiscal year ended Jan. 31.
Direct Marketing sales accounted for $44.2 million in the fourth quarter.
In the fourth quarter, overall net sales of $442.8 million were 20% above $3.7 million a year ago.
In the fiscal year, net sales rose 15% to $1.2 million over $1.02 million the year before.
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