(Reuters) - Tiffany & Co (N:TIF) reported a 1.3 percent rise in quarterly sales on Friday as strong demand for its high-end jewellery in Japan and China helped offset weak holiday sales in the Americas.
Net sales rose to $1.23 billion in the fourth quarter ended Jan. 31, from $1.21 billion a year earlier, the second straight rise this year.
Net income fell to $157.8 million, or $1.26 per share, from $163.2 million, or $1.28 per share, a year earlier.