Tiffany & Co. (TIF) PT Range Raised at Wells Fargo Following Solid Q3 But Remains 'Underperform'

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/26/2026

1. DECK
2. RNG
3. WDC
4. BMY
5. BYD
6. WCN
7. SPOT
8. SPY
9. FIX
10. NDAQ

Go back to Tiffany & Co. (TIF) PT Range Raised at Wells Fargo Following Solid Q3 But Remains 'Underperform'

Tiffany Sees Modest Improvement in Third Quarter Results: Management Maintains Its Full Year Earnings Outlook

November 29, 2016 6:40 AM EST

NEW YORK--(BUSINESS WIRE)-- Tiffany & Co. (NYSE: TIF) reported that worldwide net sales increased 1% in the three months (third quarter) ended October 31, 2016, reflecting mixed results across geographic regions and product categories. Net earnings increased 5% in the third quarter and earnings per diluted share rose 9%.

In the third quarter:

Worldwide net sales rose 1% to $949 million and comparable store sales declined 2%. A modest increase in fashion jewelry sales was offset by softness in other product categories. On a constant-exchange-rate basis that excludes the effect of translating... More