Tiffany feels the Trump effect on 5th Avenue

Markets Associated Press

  • FILE - In this Monday, May 19, 2014, file photo, shoppers walk by Tiffany & Company's Fifth Avenue store in New York. Tiffany says sales at its flagship New York store on Fifth Avenue have been hurt by traffic disruptions caused by its next-door neighbor, Trump Tower.  Streets around the building and in front of the Tiffany store have been closed or blocked since the November 2016 election for security reasons. (AP Photo/Mark Lennihan, File)

    FILE - In this Monday, May 19, 2014, file photo, shoppers walk by Tiffany & Company's Fifth Avenue store in New York. Tiffany says sales at its flagship New York store on Fifth Avenue have been hurt by traffic disruptions caused by its next-door ... neighbor, Trump Tower. Streets around the building and in front of the Tiffany store have been closed or blocked since the November 2016 election for security reasons. (AP Photo/Mark Lennihan, File) (The Associated Press)

  • Police secure the area around Trump Tower and its neighbor Tiffany with barriers and a screening tent, Tuesday Jan. 17, 2017, in New York.  Tiffany said Tuesday that sales at its store on Manhattan's 5th Avenue tumbled 14 percent in November and December, compared with the same period last year, partly due to "post-election traffic disruptions."
(AP Photo/Bebeto Matthews)

    Police secure the area around Trump Tower and its neighbor Tiffany with barriers and a screening tent, Tuesday Jan. 17, 2017, in New York. Tiffany said Tuesday that sales at its store on Manhattan's 5th Avenue tumbled 14 percent in November and ... December, compared with the same period last year, partly due to "post-election traffic disruptions." (AP Photo/Bebeto Matthews) (The Associated Press)

  • Police secure the area around Trump Tower and its neighbor Tiffany with barriers and a screening tent, Tuesday Jan. 17, 2017, in New York.  Tiffany said Tuesday that sales at its store on Manhattan's 5th Avenue tumbled 14 percent in November and December, compared with the same period last year, partly due to "post-election traffic disruptions."
(AP Photo/Bebeto Matthews)

    Police secure the area around Trump Tower and its neighbor Tiffany with barriers and a screening tent, Tuesday Jan. 17, 2017, in New York. Tiffany said Tuesday that sales at its store on Manhattan's 5th Avenue tumbled 14 percent in November and ... December, compared with the same period last year, partly due to "post-election traffic disruptions." (AP Photo/Bebeto Matthews) (The Associated Press)

Security barricades, protesters and a perpetual media encampment in and around Trump Tower since the election tarnished sales at Tiffany, the posh jeweler whose flagship store is just steps from the president-elect's front door.

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Tiffany said Tuesday that sales at its store on Manhattan's 5th Avenue tumbled 14 percent in November and December, compared with the same period last year, partly due to "post-election traffic disruptions."

Tiffany & Co. has been under pressure more broadly, however, and overall sales in the Americas declined by 4 percent.

Shares of the New York retailer slid 3 percent at the opening bell.