Tiffany & Co. (TIF) Tops Q3 EPS by 15c; Boosts FY13 EPS Outlook
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Tiffany & Co. (NYSE: TIF) reported Q3 EPS of $0.73, $0.15 better than the analyst estimate of $0.58. Revenue for the quarter came in at $911 million versus the consensus estimate of $889.51 million.
Comparable store sales rose 7% due to growth in all regions.
Tiffany sees FY13 EPS of $3.65 - $3.75, versus prior guidance of $3.50 - $3.60 and the consensus of $3.62. Worldwide net sales expected to increase by a mid-single-digit percentage in U.S. dollars (a high-single-digit percentage increase on a constant-exchange-rate basis).
For earnings history and earnings-related data on Tiffany & Co. (TIF) click here.
Comparable store sales rose 7% due to growth in all regions.
Tiffany sees FY13 EPS of $3.65 - $3.75, versus prior guidance of $3.50 - $3.60 and the consensus of $3.62. Worldwide net sales expected to increase by a mid-single-digit percentage in U.S. dollars (a high-single-digit percentage increase on a constant-exchange-rate basis).
For earnings history and earnings-related data on Tiffany & Co. (TIF) click here.
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