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Career Prole Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-31-05 11:57 AM
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How many jobs has Tiffany's created?

Tiffany's 2Q Earnings Skyrocket on Sales

NEW YORK - Tiffany & Co., a retailer of fine jewelry, crystal and china, said Wednesday its earnings rose 53 percent in the second quarter due to higher sales and a lower tax rate, and the company boosted profit guidance for the full year.

Net income grew to $50.6 million, or 35 cents per share, from $33.1 million, or 22 cents per share, a year ago. As a result of the American Jobs Creation Act of 2004, the effective tax rate was lower in the latest quarter than in the prior year, and boosted profit by 5 cents per share.



The reason I bolded that last sentence in the Tiffany’s blurb is because while a nickel per share increase doesn’t sound like a whole hell of a lot, in this case Tiffany’s made $7.2 million dollars additional profit in the last quarter alone off a tax break in the American Jobs Creation Act of 2004!

"In other news, the ranks of the poor rose 1.1 million bringing the total number of non-Tiffany's shoppers living in poverty to 37 million..."
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liberal N proud Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-31-05 11:59 AM
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1. Many
Many children slaving in the Diamond Mines in Africa
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Career Prole Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-31-05 12:24 PM
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6. Too true. And they pay the cruellest taxes of all n/t
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YOY Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-31-05 12:00 PM
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2. I still don't want to have breakfast there. n/t
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FSogol Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-31-05 12:06 PM
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4. LOL (nt)
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SteppingRazor Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-31-05 12:05 PM
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3. Took my girlfriend to Tiffany's in NYC to look at rings..
And she found the perfcet one. The one she had always dreamed of — FOR $42,000!! Sweet jumping Jesus in a shitstream, who buys these things?!

We told the salesman that we were "up here from Miami Beach" (we live in Fort Lauderdale) and that I was an "author" (I'm a music columnist for an alt. weekly)
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Career Prole Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-31-05 12:23 PM
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5. LOL!
Should have asked him if he'd mind you taking it out for a test-drive.
Jeez...I paid $1500 for my wife's ring, and it took me two years to pay it off.
Of course, that was 15 years ago.
Today it would take me 4 years.
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