Edition:
India

Tiffany & Co (TIF.N)

TIF.N on New York Stock Exchange

101.47USD
16 Feb 2018
Change (% chg)

$-0.22 (-0.22%)
Prev Close
$101.69
Open
$101.21
Day's High
$102.60
Day's Low
$101.21
Volume
305,090
Avg. Vol
360,258
52-wk High
$111.39
52-wk Low
$82.63

Latest Key Developments (Source: Significant Developments)

Tiffany Renews Luxottica License Agreement
Thursday, 14 Dec 2017 

Dec 14 (Reuters) - Tiffany & Co ::TIFFANY & CO. STRENGTHENS EYEWEAR OFFERING WITH RENEWED LUXOTTICA LICENSE AGREEMENT.SAYS AGREEMENT IS SCHEDULED TO EXPIRE ON DECEMBER 31, 2027.  Full Article

Tiffany Reports Q3 Earnings Per Share $0.80
Wednesday, 29 Nov 2017 

Nov 29 (Reuters) - Tiffany & Co ::TIFFANY REPORTS THIRD QUARTER RESULTS.Q3 EARNINGS PER SHARE $0.80.Q3 SALES $976 MILLION VERSUS I/B/E/S VIEW $957 MILLION.Q3 SAME STORE SALES FELL 1 PERCENT.Q3 EARNINGS PER SHARE VIEW $0.76 -- THOMSON REUTERS I/B/E/S.EXPECTS FOR FISCAL 2017, NET INVENTORIES INCREASING AT APPROXIMATELY SAME RATE AS SALES GROWTH​.SEES ‍FISCAL 2017 WORLDWIDE NET SALES INCREASING OVER PRIOR YEAR BY LOW-SINGLE-DIGIT PERCENT AS REPORTED AND ON CONSTANT-EXCHANGE-RATE BASIS​.EXPECTS FOR FISCAL 2017, CAPITAL EXPENDITURES OF $235 MILLION TO $250 MILLION​.‍EXPECTS FOR FISCAL 2017, FREE CASH FLOW OF APPROXIMATELY $450 MILLION​.MANAGEMENT MAINTAINED ITS SALES AND EARNINGS GUIDANCE FOR FULL YEAR ENDING JANUARY 31, 2018​.‍NET INVENTORIES OF $2.3 BILLION AT OCTOBER 31, 2017 WERE 1 PCT ABOVE PRIOR YEAR​.FY EARNINGS PER SHARE VIEW $3.97, REVENUE VIEW $4.08 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Tiffany & Co says number of board directors increased to 12
Tuesday, 3 Oct 2017 

Oct 2 (Reuters) - Tiffany & Co :Tiffany & Co says number of directors constituting whole board increased to twelve - SEC filing.  Full Article

Tiffany- Stronger yen contributing to increased purchasing attributed to Japanese tourists
Friday, 17 Mar 2017 

Tiffany : Lower spending that we attributed to Chinese tourists in other regions in 2016 may have led to some of the higher spending from local consumers within China . Believe the stronger yen has been a factor contributing to increased purchasing attributed to Japanese tourist in other regions . Believe sales lift we saw in uk in second half of 2016 was from spending by foreign tourists after British pound decline following Brexit vote . CFO on conf call- " tiffany's financial performance over the past couple of years has been disappointing" . CFO - since over half our sales are from outside the us and we expect dollar to be stronger than last year, we should be facing a sizable headwind in terms of translating non-us sales into dollars . Held our Blue Book event in the spring, the results, while strong, did not measure up to success of those events in the prior two years . In January the flagship store technically did very well but that was really driven by a couple of very large one-off transactions . Chairman- "we will be innovative across all categories in 2017 and 2018. There will be newness in silver, gold, platinum, diamonds" . Chairman- "the fashion category is where we have enjoyed the most relative success so I think that speaks at least directionally of some success in appealing to millennials" Further company coverage: [TIF.N] ((bangalore.newsroom@thomsonreuters.com;)).  Full Article

Tiffany & Co qtrly non-gaap EPS $1.45
Friday, 17 Mar 2017 

Tiffany & Co : Tiffany reports full year and fourth quarter 2016 results; sales and earnings in line with previous guidance; management provides its outlook for 2017 . Q4 earnings per share $1.26 . Q4 earnings per share view $1.39 -- Thomson Reuters I/B/E/S . Tiffany & co - net inventories at january 31, 2017 were 3% lower than at prior year-end . Tiffany & co- management expects for fiscal 2017 net cash provided by operating activities of approximately $700 million . Tiffany & co - expects for fiscal 2017 capital expenditures of $250 million . Tiffany & co- for fiscal 2017 free cash flow of approximately $450 million . Tiffany & co - expects for fiscal 2017 net inventories unchanged from prior year . Tiffany & co says qtrly net sales $1,229.6 million versus. $1,213.6 million . Tiffany & co - for fy ending jan 31, 2018 sees worldwide net sales increasing by a low-single-digit percent and by a mid-single-digit percent on a constant-exchange-rate basis . Tiffany & co - sees fiscal 2017 net earnings per diluted share increasing by a high-single-digit percentage over 2016's earnings per diluted share of $3.55 . Tiffany & co - in q4 comparable store sales were unchanged from prior year .Tiffany & co says qtrly non-gaap earnings per share $1.45.  Full Article

Tiffany says maturity for credit agreements entered on Oct. 7 extended for an additional yr
Friday, 14 Oct 2016 

Tiffany & Co : Tiffany & Co - Effective as of Oct 7, 2016, maturity for each of credit agreements entered on Oct. 7, 2014, extended for 1 additional year - SEC filing . Tiffany & Co - Credit agreements will mature, respectively, in 2019 and 2020 Source: (http://bit.ly/2e5jr6T) Further company coverage: [TIF.N] ((bangalore.newsroom@thomsonreuters.com;)).  Full Article

Tiffany & Co- Registrant issues $100 mln of 0.78 pct senior notes
Friday, 2 Sep 2016 

Tiffany & Co : On Aug 26, registrant issued $100 million of 0.78 percent senior notes due August 26, 2026 to an affiliated co of metropolitan life insurance company Source: (http://bit.ly/2bYJAVw) Further company coverage: [TIF.N] ((bangalore.newsroom@thomsonreuters.com;)).  Full Article

Tiffany & Co saw uptrend in UK immediately following the Brexit vote
Thursday, 25 Aug 2016 

Tiffany & Co : Strong sales growth in Russia in quarter - conf call . Saw uptrend in the UK immediately following the Brexit vote - conf call . Plan is to grow gold jewelry and stabilize silver jewelry category - conf call . Believe that the weakening of the pound has made London a more attractive tourist shopping destination - conf call Further company coverage: [TIF.N] ((bangalore.newsroom@thomsonreuters.com;)).  Full Article

Tiffany Reports Q2 Results: Full Year Earnings Outlook is Maintained
Thursday, 25 Aug 2016 

Tiffany & Co : Tiffany reports second quarter results: full year earnings outlook is maintained . Q2 earnings per share $0.84 . Q2 sales $932 million versus I/B/E/S view $934.7 million . Q2 same store sales fell 8 percent . Q2 earnings per share view $0.72 -- Thomson Reuters I/B/E/S . Qtrly worldwide net sales were below prior year due to declines in sales to both local customers and foreign tourists in most regions .Net inventories at July 31, 2016 were 1% lower than at July 31, 2015.  Full Article

Tiffany sets regular quarterly dividend of $0.45 per share
Thursday, 18 Aug 2016 

Tiffany & Co :Sets regular quarterly dividend of $0.45 per share.  Full Article

BRIEF-Tiffany & Co ‍Declares Qtrly Dividend Of $0.50/Share

* TIFFANY & CO - ‍DECLARED A REGULAR QUARTERLY DIVIDEND OF $0.50 PER SHARE OF COMMON STOCK​ Source text for Eikon: Further company coverage: