We made it 3 in a row yesterday. Now let’s go for 4!

Turkey day tomorrow!

Asian markets seemed mixed. The Hang Sang rose over 3% while the Nikkei was off more than 1%. Europe, however, was showing me some red. And here in the States we are off to a lower open.

Here’s what I’m seeing today…

J. Crew Group (JCG)
After the close on Tuesday the retailer disseminated its third quarter numbers.

The good news was that the company earned 30 cents a share, which was 4 cents north of expectations. However, the bad news is that it’s looking for $1.11 to $1.16 a share for fiscal 08’. That’s well below the $1.44 to $1.54 guidance it previously offered up in conjunction with its second quarter numbers.

I hate to say it, but I think the stock gets hit pretty hard on this news. And no, I’m not nibbling here. I don’t see a reason yet.

I should point out, however, that the insider data on Yahoo Finance seems to show a purchase of 10,000 shares back in August.

Tiffany & Co (TIF)
The ritzy jewelry retailer offered up its third quarter numbers before the open today. The company put up 35 cents a share whereas the Street was at 25 cents – sparkling…

On the flip side, however, management indicated that it’s looking for full year EPS of $2.30 to $2.50. And that’s an issue because analysts were apparently at $2.58.

Look, I think the stock could see some weakness on this news. However, I do like the company for the long run. I also want to point out that I like its overseas exposure.

Bottom Line: I’d much rather be here than, say, Zale (ZLC).