Tiffany & Co. (TIF) Numbers Lifted at Nomura on Strong Q1
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Tiffany & Co. (TIF) Raises Quarterly Dividend 11.8% to $0.38; 1.6% Yield
May 22, 2014 9:31 AM EDTTiffany & Co. (NYSE: TIF) declared a quarterly dividend of $0.38 per share, or $1.52 annualized. This is an 11.8% increase from the prior dividend of $0.34.
The dividend will be payable on July 10, 2014, to stockholders of record on June 20, 2014, with an ex-dividend date of June 18,... More
Wells Fargo Comments on Tiffany's (TIF) Q1
May 21, 2014 9:41 AM EDTWells Fargo maintained a Market Perform rating on Tiffany & Co. (NYSE: TIF) with a price target of $86-$90. Analyst Paul Lejuez noted the company was a standout in Q1.
"Q1 was a strong quarter all around, with good top-line results in nearly... More
Tiffany & Co. (TIF) Tops Q1 EPS Views; Comps Up 11%; Boosts FY14 Outlook
May 21, 2014 7:00 AM EDT(Updated - May 21, 2014 7:05 AM EDT)
Tiffany & Co. (NYSE: TIF) reported Q1 EPS of $0.97, $0.19 better than the analyst estimate of $0.78. Revenue for the quarter came in at $1.01 billion versus the consensus estimate of $955.05 million.
Comps rose 11 percent, on a constant-exchange-rate basis, versus consensus views looking for a 4.8 percent gain.
Michael J. Kowalski, chairman and chief executive officer, said, This is an excellent and encouraging start to the year. We were pleased with the strong and broad-based sales growth across most regions and product categories and our ability to leverage those improved sales... More
