Tiffany & Co. has announced its results for the fiscal year ending January 31, 2008. The company has reported a 15% increase in net sales to amount to $2.94 billion, which rose by 10% in Q4 to $1.05 billion. Net earnings for the said year increased by 20% to $303.8 million, while during the previous fiscal net earnings were worth $253.93 million. During Q4 net earnings dipped by 16% to $118.25 million, in Q4 of the preceding fiscal it was worth $140.5 million. Tiffany has last year expanded its retail outlets worldwide, including America and China. The company’s product portfolio has also been expanded with new design collections. Banking on this, Tiffany is positive of growth in the future.