Best of StockTwits: Investors in a $TIFMay 24, 2012: 12:51 PM ET
There is no glossing over how bad the Tiffany guidance is. But as I pointed out earlier this morning, it looks like Signet (SIG) is expecting a tough quarter as well. So yes, luxury retailers in the U.S. may be feeling a pinch because of a sleepy economy here .. in addition to slowdowns around the rest of the world.
Ha! It is curious that neither eBay nor VeriFone rose on this news. As for the taking the turtle to a rodeo? Just pull a line from former PayPal -- and now also former Yahoo (YHOO) -- head Scott Thompson. Pretend that you are really riding a horse ... even if you don't have one.