Tiffany & Co. (TIF) Tops Q3 EPS by 4c, Net Sales Rise 3%
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Tiffany Reports Third Quarter Results
November 29, 2017 6:40 AM ESTNEW YORK--(BUSINESS WIRE)-- Tiffany & Co. (NYSE: TIF) reported its financial results for the three months (third quarter) and nine months (year-to-date) ended October 31, 2017. Earnings per diluted share increased in both periods, largely resulting from worldwide sales growth and higher operating margins. Management maintained its sales and earnings guidance for the full year ending January 31, 2018 (fiscal 2017).
In the third quarter:
Worldwide net sales increased 3% to $976 million, and comparable store sales declined 1%, reflecting sales growth in most regions, as well as increased sales in the Fashion Jewelry and the High, Fine &... More