Tiffany & Co. has surpassed Wall Street expectations for 1st quarter sales, according to Fortune. The magazine, and the company’s press release report strong growth in Europe and Asia, and an expectation that U.S. sales will pick up later this year.
By the way, for those who like to bash business and industry for supposedly “not paying their fair share,” check out this piece of information from the company’s release:
The Company’s effective tax rate was 36.7% compared with 36.5% a year ago.
