Description:  The luxury jeweler, know for its little blue box, reported a 20% jump in global sales. Signet, owner of Kays and Jared, also fared well.

Source: CNNMoney.com – video report

Date: 05/26/2011

Link: http://money.cnn.com/video/markets/2011/05/26/mkts_tiffanys_0526.cnnmoney/

Questions for discussion:

• What significance, if any, is there to the results reported?
• How do you think investors will react to this report?
• How can Tiffany’s deal with cash flow issues related to the problems in Japan?