Tiffany & Co’s digital sales jump 123% in the fiscal second quarter

Tiffany & Co. (NYSE: TIF) said on Thursday that its financial performance showed resilience in the fiscal second quarter as it announced to have blown past the analysts’ estimate for profit. The company also said that signs of recovery were evident in sales that it attributed primarily to its e-commerce segment. Tiffany reopened its stores for the public in China in the second quarter that further contributed to upbeat performance. Shares of the company gained a little under 2% in premarket trading on Thursday. The stock jumped less than 1% on market open as well. Tiffany is now exchanging hands