The retailer's best-performing of its 65 domestic units was its Fifth Avenue flagship location in New York City, which posted a 31% sales gain, largely due to foreign tourists. Stores in Bellevue, WA; Beverly Hills, CA; Boston; Houston; Orlando; and Palm Beach, FL; also had a strong quarter.
At its 107 international units, the company achieved its 7% rise despite falling 1% in Japan, the company's second-largest market. Same-store sales during the period, which ended July 31, rose 23% in Europe and 24% in other Asian Pacific countries.
Net sales during the quarter rose 19%, to $662.6 million. Net earnings fell to just under $37 million, down from $41.4 million during the same year-ago period, due in part to the pending sale of the 23-store, Caribbean-based jewelry chain Little Switzerland
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