Tiffany & Co. (TIF) Tops Q4 EPS by 3c
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Tiffany Reports Fourth Quarter and Full Year Results
March 20, 2020 6:40 AM EDTNEW YORK--(BUSINESS WIRE)-- Tiffany & Co. (NYSE: TIF; the Company) today reported its financial results for the three months (fourth quarter) and 12 months (full year) ended January 31, 2020. Net sales increased 3% in the fourth quarter and were approximately unchanged in the full year, as compared to the respective prior year periods.
In the fourth quarter:
Worldwide net sales of $1.4 billion and comparable sales both increased 3% from the prior year; on a constant-exchange-rate basis, which excludes the effect of translating foreign-currency-denominated sales into U.S. dollars (see Non-GAAP Measures), net sales and comparable sales also... More