Tiffany & Company's second-quarter profit rose 19 percent on higher revenue as shoppers bought extra of its high-end jewelry approximately the globe, particularly in Asia and Europe. The chain heaved its full-year earnings anticipate to a range partial on analysts' estimates. The capital executive, Michael Kowalski, said Tiffany saw forward apt the second half ''with a sense of guarded optimism.'' Net proceeds met expectations but revenue fell short, and it said third-quarter growth would be ''somewhat restrained'' for of higher marketing spending. Tiffany said it earned $67.7 million, alternatively 53 cents a share, in the 15 min, up from $56.8 million, alternatively 46 pence a share, a year earlier. Revenue rose 9 percent, to $668.8 million,Tiffany Jewelry in Rhode Island, under estimates of $690.2 million.
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