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India

Tiffany & Co (TIF.N)

TIF.N on New York Stock Exchange

83.76USD
13 Dec 2018
Change (% chg)

$-2.18 (-2.54%)
Prev Close
$85.94
Open
$86.12
Day's High
$86.57
Day's Low
$83.50
Volume
482,522
Avg. Vol
421,463
52-wk High
$141.50
52-wk Low
$83.45

Latest Key Developments (Source: Significant Developments)

Tiffany Reports Q2 Earnings per share $1.17
Tuesday, 28 Aug 2018 

Aug 28 (Reuters) - Tiffany & Co ::TIFFANY REPORTS SECOND QUARTER RESULTS:.Q2 EARNINGS PER SHARE $1.17.Q2 SALES $1.1 BILLION VERSUS I/B/E/S VIEW $1.04 BILLION.Q2 EARNINGS PER SHARE VIEW $1.01 -- THOMSON REUTERS I/B/E/S.MANAGEMENT INCREASES FULL YEAR EARNINGS OUTLOOK.QTRLY COMPARABLE SALES ROSE 8%.SEES FY 2018 EARNINGS PER SHARE $4.65 TO $4.80.SEES NET EARNINGS AND EARNINGS PER SHARE IN Q3 EXPECTED TO BE BELOW PRIOR YEAR.Q3 EARNINGS PER SHARE VIEW $0.86 -- THOMSON REUTERS I/B/E/S.NET INVENTORIES AT JULY 31, 2018 WERE 8 PERCENT ABOVE PRIOR YEAR.FY EARNINGS PER SHARE VIEW $4.75 -- THOMSON REUTERS I/B/E/S.SEES 2018 NET CASH PROVIDED BY OPERATING ACTIVITIES OF ABOUT $600 MILLION.SEES 2018 WORLDWIDE NET SALES INCREASING BY A HIGH-SINGLE-DIGIT PERCENTAGE OVER PRIOR YEAR.SEES 2018 NET EARNINGS INCREASING TO A RANGE OF $4.65 - $4.80 PER DILUTED SHARE.SEES 2018 FREE CASH FLOW OF AT LEAST $300 MILLION.SEES 2018 MID-TO-HIGH-SINGLE-DIGIT COMPARABLE SALES GROWTH.SEES 2018 CAPITAL EXPENDITURES OF $280 MILLION.ON A CONSTANT-EXCHANGE-RATE BASIS, QTRLY WORLDWIDE NET SALES AND COMPARABLE SALES ROSE 11% AND 7%, RESPECTIVELY.STRATEGIC INVESTMENT SPENDING IS INCREASING FOR REMAINDER OF YEAR.  Full Article

Tiffany & Co Will Begin Selling On Chinese E-Commerce Giant Alibaba's "Luxury Pavilion" Platform - Axios
Thursday, 16 Aug 2018 

Aug 16 (Reuters) - :TIFFANY & CO WILL BEGIN SELLING ON CHINESE E-COMMERCE GIANT ALIBABA'S "LUXURY PAVILION" PLATFORM ON ITS TMALL APP - AXIOS.  Full Article

Tiffany Increases Quarterly Dividend By 10 Pct
Thursday, 24 May 2018 

May 24 (Reuters) - Tiffany & Co ::TIFFANY INCREASES QUARTERLY DIVIDEND BY 10%.INCREASES REGULAR QUARTERLY DIVIDEND BY 10 PERCENT TO $0.55PER SHARE.  Full Article

Tiffany Reports Q1 EPS $1.14
Wednesday, 23 May 2018 

May 23 (Reuters) - Tiffany & Co ::TIFFANY REPORTS FIRST QUARTER RESULTS:.Q1 SALES $1.0 BILLION VERSUS I/B/E/S VIEW $959.4 MILLION.Q1 EARNINGS PER SHARE $1.14.Q1 EARNINGS PER SHARE VIEW $0.83 -- THOMSON REUTERS I/B/E/S.BOARD AUTHORIZES $1 BILLION SHARE REPURCHASE PROGRAM.MANAGEMENT UPDATES ITS FULL YEAR OUTLOOK.QTRLY COMPARABLE SALES INCREASED 10%.ON A CONSTANT-EXCHANGE-RATE BASIS, QTRLY WORLDWIDE NET SALES AND COMPARABLE SALES ROSE 11% AND 7%, RESPECTIVELY.NEW SHARE REPURCHASE PROGRAM EXPIRES ON JANUARY 31, 2022.SEES NET CASH PROVIDED BY OPERATING ACTIVITIES OF ABOUT $700 MILLION FOR 2018.BOARD APPROVED REPURCHASE OF $250 MILLION OF STOCK.SEES FREE CASH FLOW OF AT LEAST $400 MILLION FOR 2018.SEES NET EARNINGS INCREASING TO A RANGE OF $4.50 - $4.70 PER DILUTED EARNINGS PER SHARE FOR 2018.SEES FISCAL 2018 WORLDWIDE NET SALES INCREASING BY HIGH-SINGLE-DIGIT PERCENT OVER PRIOR YEAR.SEES MID-TO-HIGH-SINGLE-DIGIT COMPARABLE SALES GROWTH FOR 2018.NET INVENTORIES AT APRIL 30, 2018 WERE 5% ABOVE PRIOR YEAR, WITH 2% OF THE INCREASE RESULTING FROM CURRENCY TRANSLATION.  Full Article

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

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Tiffany sales to Chinese tourists disappoint, shares fall sharply

Tiffany & Co on Wednesday reported quarterly sales that missed estimates as Chinese tourists spent less than expected at the jeweller's stores in the United States and Hong Kong, a shortfall that sent the company's shares down as much 13 percent.