Upscale jeweler Tiffany's quarterly sales fall 2.2 percent

Upscale jeweler Tiffany's quarterly sales fall 2.2 percent Stock MarketsNov 24, 2015 06:47AM ET © Reuters. The sign outside the Tiffany & Co. store is seen in Denver © Reuters. The sign outside the Tiffany & Co. store is seen in Denver (Reuters) - Upscale jeweler Tiffany & Co's (N:TIF) quarterly sales fell 2.2 percent as a strong dollar hurt tourist spending in the United States and reduced the value of sales from other markets. The company's net income rose to $91 million, or 70 cents per share, in the third quarter ended Oct. 31 from $38.3 million, or 29 cents per share, a year earlier. Revenue fell to $938.2 million from $959.6 million.