Reuters logo
BRIEF-Tiffany reports Q2 earnings per share $0.92
August 24, 2017 / 10:49 AM / in 3 months

BRIEF-Tiffany reports Q2 earnings per share $0.92

Aug 24 (Reuters) - Tiffany & Co

* Tiffany reports second quarter results

* Q2 earnings per share $0.92

* Q2 sales $960 million versus I/B/E/S view $930.3 million

* Q2 same store sales fell 2 percent

* Q2 earnings per share view $0.86 -- Thomson Reuters I/B/E/S

* Qtrly ‍comparable store sales declined 2%​

* Tiffany & Co - Net inventories of $2.2 billion at July 31, 2017 were 4% lower than a year ago

* Says ‍overall, growth in fashion and designer jewelry sales contrasted in Q2 with softness in other jewelry categories​

* Tiffany & Co sees FY 2017 worldwide net sales increasing over prior year by a low-single-digit percentage as reported,on a constant-exchange-rate basis

* Tiffany & Co sees fiscal 2017 net inventories unchanged from prior year

* Tiffany & Co sees FY 2017 net earnings per diluted share increasing by a high-single-digit percentage over 2016’s earnings per diluted share of $3.55

* Sees ‍earnings per diluted share in second half of fiscal 2017 increasing over prior year’s second half​

* Tiffany & Co sees fiscal 2017 capital expenditures of $250 million

* FY earnings per share view $3.95, revenue view $4.07 billion -- Thomson Reuters I/B/E/S Source text for Eikon: Further company coverage:

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below