Categories Earnings, LATEST, Other Industries

Tiffany & Co. (NYSE: TIF): Q3 2019 Earnings Snapshot

— 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

Follow our Google News edition to get the latest stock market, earnings and financial news at your fingertips

Most Popular

Key highlights from Box (BOX) Q4 2021 earnings results

Box Inc. (NYSE: BOX) reported fourth quarter 2021 earnings results today. Revenues rose 8% year-over-year to $198.9 million. GAAP net loss was $4.9 million, or $0.03 per share, compared to

Infographic: Highlights of Hewlett Packard’s (HPE) Q1 2021 earnings report

Technology firm Hewlett Packard Enterprise Company (NYSE: HPE) reported higher earnings for the first quarter of 2021, despite a decrease in revenues. The numbers surpassed the consensus forecast. First-quarter earnings,

MercadoLibre (MELI): Here is a stock to have on your investment radar

MercadoLibre Inc. (NASDAQ: MELI) is one of the stocks that benefited from the COVID-19 pandemic. The Argentine ecommerce company has caught the attention of market experts as it garnered growth

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top