Analyst Dorothy Lakner at Caris bumped her second quarter earnings estimate for teen retailer Zumiez up by 5 cents to 6 cents per share, and she held her buy rating for the stock.
There are 57 Tiffany stores in Japan today, accounting for less of its top-line revenue, about 18% of sales, which is now about even with the sales generated by the 45 stores in the rest of Asia and 27 stores in Europe combined, Lakner says.