Tiffany Reports Fiscal 2017 Results
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Tiffany & Co. (TIF) Tops Q4 EPS by 3c, Comps Increase 1%
March 16, 2018 6:32 AM EDTTiffany & Co. (NYSE: TIF) reported Q4 EPS of $1.67, $0.03 better than the analyst estimate of $1.64. Revenue for the quarter came in at $1.33 billion versus the consensus estimate of $1.31 billion.
On a constant-exchange-rate basis, worldwide net sales rose 6% and comparable store sales were 1% above the prior year.
Fiscal 2018 Outlook:
Managements guidance for fiscal 2018 includes: (i) worldwide net sales increasing by a mid-single-digit percentage over the prior year both as reported and on a constant-exchange-rate basis; (ii) earnings before income taxes equal to or slightly... More
