Glitzy Q2 feeds Ti ffany lunch and dinner too

Tiffany put the bling back in its shares as the company announced golden earnings and strong Asian growth as its Fifth Avenue flagship gets a makeover.

The tony jeweler raised its full-year profit forecast after it topped Wall Street expectations and shares rose as much as 5.9 percent in premarket trading before ending the day up just shy of 1 percent, at $131.07.

Net sales in the Americas, which account for nearly half of the company’s total sales, rose 8 percent, to $475 million, while Asia-Pacific region sales soared 28 percent from the year-ago quarter.

In a call with analysts, Chief Executive Alessandro Bogliolo addressed the looming gut renovation of its 124,000-squarefoot flagship store on Fifth Avenue, which he called “arguably one of the most iconic and recognized retail destinations in the world.”

“Apart from being a big statement for the New York market, I’m really confident that it will enhance the brand and the customer perception of Tiffany on a worldwide basis,” he said.

The three-year project will force Tiffany to move down the street to 6 E. 57th St., a 36,000-square-foot space recently vacated by a big Nike store.

“Between our ground floor of the existing building and the adjacent building, I think, we have enough space to really run our business and without inconvenience for our customers.”

Bogliolo said that, at max capacity, the current iteration of the flagship only dedicates 45,000 square feet of its floor plan to retail, and that the renovation will be “transformational.”

“We will repurpose the space to maximize the client-facing space,” he said. “This means that we will increase the surface dedicated to retail, to events, to hospitality for our customers.”