Profits jumped $3 million over the same quarter last year whenthe world's second largest jeweler reported a profit of $40.1million, or 27 cents a share. Revenue increased by 5.8% to $539.2million, for the period ending April 30, compared to $509.9 milliona year earlier.
Although sales in the US grew just 2% overall and were down 1%in stores open at least one year, international sales were up 12%with sales at stores open at least a year gaining 16%.
Japan, Tiffany's largest international market, accounted formuch of that off-shore sales growth although sales were also strongin other areas of Asia and Europe. Comp store sales in Europe rose24% during the quarter.
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