The high end jewelry company's profit rose 5.3 percent to $100.2 million, or 80 cents per share, as revenue climbed 2.8 percent to $976.2 million.

That was better than what analysts surveyed by Zacks Investment Research expected. They were looking for earnings of 76 cents per share on revenue of $960 million.

Tiffany's strength in the quarter mostly came from the Asia-Pacific region, where sales surged 15 percent to $283 million. This was mainly due to strong demand in China. Sales were up 5 percent in Europe to $110 million.

But other places didn't fare as well. In Japan, sales dropped 8 percent to $139 million. While Tiffany managed to squeeze out a 1 percent sales increase in the Americas, the showing was considered a disappointment. The New York-based company said that a downturn in spending by foreign tourists was part of the reason for the soft sales.

Sales at stores open at least a year, a key gauge of a retailer's health, dipped 1 percent.

Shares climbed slightly to $94.11 in Wednesday morning trading.