Tiffany Reports First Quarter Results

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Go back to Tiffany Reports First Quarter Results

Tiffany & Co. (TIF) PT Lowered to $102 at Cowen as Stocks Trade down Following 1Q

May 24, 2017 4:14 PM EDT

Cowen lowered its price target on Tiffany & Co. (NYSE: TIF) to $102.00 (from $107.00) while maintaining a Outperform rating. The company's stock is down ~-8% following the 1Q print given weaker-than-anticipated comps at -2%, below Street's +1.6%, with trends decelerating from 4Q on a 1-yr & 2-yr... More

Tiffany & Co. (TIF) PT Lowered to $85 at Wells Fargo; Reiterates Market Perform

May 24, 2017 1:47 PM EDT

Wells Fargo lowered its price target on Tiffany & Co. (NYSE: TIF) to $85.00 (from $94.00) while maintaining a Market Perform rating. Analyst Ike Boruchow believes that the key development from Q1 was the -2% global comp, which represents a sequential deceleration from Q4s flat... More

Tiffany & Co. (TIF) Tops Q1 EPS by 4c, Revenue Misses; Offers Guidance

May 24, 2017 6:38 AM EDT

Tiffany & Co. (NYSE: TIF) reported Q1 EPS of $0.74, $0.04 better than the analyst estimate of $0.70. Revenue for the quarter came in at $899.6 million versus the consensus estimate of $913.44 million.

and comparable store sales were 3% below the prior year. On a constant-exchange-rate basis that excludes the effect of translating foreign-currency-denominated sales into U.S. dollars (see Non-GAAP Measures), worldwide net sales increased 2% due to factors noted above, as well as sales growth in Europe, and comparable store sales... More