The following video is from Tuesday's MarketFoolery podcast, in which host Chris Hill and analysts Jason Moser and Matt Koppenheffer discuss the top business and investing stories of the day.
Tiffany (NYSE:TIF) reported higher-than-expected first-quarter earnings. If you back out onetime moving costs, earnings were even better. Same-store sales were up 21% in Japan and were up 8% overall. Shares of the retailer hit an all-time high on the news. Should investors buy on the latest earnings news or are shares too rich? In this installment of MarketFoolery, our analysts discuss the future of the luxury retailer.
The relevant video segment can be found between 0:54 and 4:25.
Chris Hill, Jason Moser, Matt Koppenheffer, and The Motley Fool have no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.