Tiffany Reports Third Quarter Results:
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Tiffany & Co. (TIF) PT Lowered to $115 at Cowen
November 29, 2018 8:30 AM ESTCowen analyst Oliver Chen lowered the price target on Tiffany & Co. (NYSE: TIF) to $115.00 (from $150.00) while maintaining a Outperform rating.
Chen commented, "We are confident that TIF is making the right changes in product, stores & marketing faster than ever before. However, Chinese... More
Tiffany & Co. (TIF) PT Lowered to $105 at RBC Capital
November 29, 2018 7:10 AM ESTRBC Capital analyst Brian Tunick lowered the price target on Tiffany & Co. (NYSE: TIF) to $105.00 (from $132.00) while maintaining a Sector Perform rating.
... MoreTiffany & Co. (TIF) Reports In-Line Q3 EPS, Comps Increase 3%
November 28, 2018 6:42 AM ESTTiffany & Co. (NYSE: TIF) reported Q3 EPS of $0.77, in-line with the analyst estimate of $0.77. Revenue for the quarter came in at $1 billion versus the consensus estimate of $1.05 billion.
Management attributed sales growth in the third quarter to higher spending by local customers in all regions, partly offset by lower spending attributed to foreign tourists, primarily Chinese, in certain regions.
On a constant-exchange-rate basis that excludes the effect of translating foreign-currency-denominated sales into U.S. dollars (see Non-GAAP Measures),... More
