Tiffany & Co. (TIF) Tops Q3 EPS by 45c

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Tiffany Reports Third Quarter Results

November 24, 2020 6:30 AM EST

Third Quarter Net Earnings Grow in Excess of 50 Percent Versus Year Ago

NEW YORK--(BUSINESS WIRE)-- Tiffany & Co. (NYSE: TIF) today reported its financial results for the three months (third quarter) and nine months (year-to-date) ended October 31, 2020. In the third quarter, worldwide net sales returned to the billion dollar level and represented a decrease of 1% as compared to 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), worldwide net sales for the three months were 2% below the prior... More