— Tiffany & Co. (NYSE: TIF) reported net income of $78 million or $0.65 per share for the third quarter of 2019, vs. $0.85 per share expected.
— Worldwide net sales were almost unchanged year-over-year at $1.01 billion, vs. $1.04 billion expected
— Comparable sales were unchanged from the prior-year period; on a constant-exchange-rate basis, sales and comparable sales increased 1% year-over-year
— Worldwide net sales and comparable sales, excluding the Hong Kong market, increased by 4% and 3%, respectively
— In the Americas, net sales decreased 4% in the third quarter; Asia-Pacific net sales were unchanged
— In Japan, net sales increased 19%, while Europe registered a 3% decline
— Opened five company-operated stores in the year-to-date period and closed three. Operated 323 stores as of October 31, 2019
— Repurchased around 883,000 shares of in the third quarter at a total cost of $78.0 million
Most Popular
Fastenal Company (FAST) looks poised for a mixed start to FY25
Fastenal Company (NASDAQ: FAST) will report its first-quarter results on April 11, at 6:50 am ET. The company has been investing heavily to expand its digital footprint lately, and it
LEN, KBH: A look at these homebuilders’ expectations against a choppy housing market
Homebuilders Lennar Corporation (NYSE: LEN) and KB Home (NYSE: KBH) reported their earnings results for the first quarter of 2025 at the end of last month against a challenging housing
StubHub Holdings set to enter public markets. Here’s what to expect
After a modest start to the year, the IPO market is witnessing an increase in activity led by technology and healthcare companies. StubHub Holdings, a leading online ticket marketplace for
Comments
Comments are closed.