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Tiffany & Co misses quarterly same-store sales estimates

Aug 28 (Reuters) - Tiffany & Co reported a bigger-than-expected fall in quarterly same-store sales on Wednesday, hurt by lower tourist spending, a key source of revenue for luxury retailers.

The company's Chief Executive Officer Alessandro Bogliolo also said protests in Hong Kong were disrupting sales in the city.

Tiffany's same-store sales, excluding the effects of currency exchange rates, fell 3%. Analysts had expected a 1.3% decrease, according to IBES data from Refinitiv.

The company's net earnings fell to $136.3 million, or $1.12 per share, in the second quarter ended July 31, from $144.7 million, or $1.17 per share, a year earlier. (Reporting by Uday Sampath in Bengaluru; Editing by Shounak Dasgupta)