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Earnings Analysis: 
Tiffany & Co. Posts a 22% Rise in Profit
Author: 123jump.com Staff
123jump.com
Last Update: 1:16 PM EST November 29 2006



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Bon-Ton Stores widened its loss for the third quarter as it worked to complete the integration of the Carson Pirie Scott stores. Aeropostale third-quarter earnings increased 25% on sales and margin growth. Tiffany & Co. reported a 22% rise in quarterly profit on higher-end jewelry, including some of the company''s diamond collections.

 
Bon-Ton Stores Inc. (BONT: chart), clothing retailer, posted a third-quarter net loss of $10.9 million, or 66 cents per share, from $6.3 million, or 39 cents per share in a year-ago quarter. The quarterly profit was hurt by a tax charge of 10 cents per share. Revenue climbed to $804.1 million from $285.7 million a year earlier for the acquisition of Northern Department Store Group in March.

Aeropostale Inc. (ARO: chart), youth clothing retailer, reported third-quarter net income of $32.6 million, or 61 cents per share, a 25% increase from $26.1 million, or 47 cents per share in the year-ago period. Revenue climbed 19% to $386 million from $324.7 million during the same period a year ago..

Tiffany & Co. Inc. (TIF: chart), luxury jeweler, reported a third-quarter net income of $29.1 million, or 21 cents per share, from $23.8 million, or 16 cents per share, a year earlier. Revenue was up 10% to $547.8 million from $500.1 million a year earlier.
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