Categories AlphaGraphs, Earnings, Other Industries

Tiffany (TIF) slips to a loss in Q1, misses estimates

Tiffany & Co. (NYSE: TIF) reported a 45% dip in the top-line for the first quarter of 2020 due to the closures of its retail stores across all of the global markets arising from the COVID-19 pandemic crisis. Comparable sales dropped by 44%.

Tiffany (TIF) Q1 2020 earnings

The company slipped to a loss from a profit last year due to lower revenue. The first-quarter was very challenging with sales and earnings significantly impacted by COVID-19, the impact of which the company expects to negatively affect its full-year sales and earnings relative to 2019.

The e-commerce sales were up 23% globally with key markets such as the United States and the United Kingdom up 14% and 15%, respectively. Additionally, sales through our Mainland China e-commerce portal have grown sequentially every quarter since the portal was launched last July.

The company will not be communicating an outlook for the remainder of the year. In light of the company’s entry into the merger agreement, the company will not conduct a conference call to review its results for the quarter.

Take a look at our Other Industries articles here

Most Popular

Earnings: KB Home (KBH) Q2 2024 profit rises despite lower revenues

Homebuilder KB Home (NYSE: KBH) on Tuesday announced financial results for the second quarter of 2024, reporting an increase in net income. Revenues were down 3%. The company’s net income

What to expect when General Mills (GIS) reports its fourth quarter 2024 earnings results

Shares of General Mills, Inc. (NYSE: GIS) stayed green on Tuesday. The stock has dropped 5% over the past one month. The processed foods company is scheduled to report its

Lennar Corporation (LEN) Earnings: 2Q24 Key Numbers

Lennar Corporation (NYSE: LEN) reported total revenues of $8.8 billion for the second quarter of 2024, up 9% year-over-year. Net earnings attributable to Lennar were $954 million, or $3.45 per share, compared to

Comments

  1. Pingback: Lincoln Georgis
  2. Pingback: Higher education
  3. Pingback: pH Meters
  4. Pingback: Cloud Computing
  5. Pingback: pandemic
  6. Pingback: fue email
  7. Pingback: Academic research
  8. Pingback: MIS research
  9. Pingback: media
  10. Pingback: Family dentistry
  11. Pingback: fiverrearn.com
  12. Pingback: clima hoy
  13. Pingback: fiverrearn.com
  14. Pingback: isla mujeres
  15. Pingback: jute vs sisal rug
  16. Pingback: bewerto
  17. Pingback: we buy phones
  18. Pingback: best mobile phone
  19. Pingback: future university
  20. Pingback: future university
  21. Pingback: future university
  22. Pingback: frenchie ring
  23. Pingback: wix website
  24. Pingback: french bulldogs
  25. Pingback: Fiverr.Com
  26. Pingback: fue
  27. Pingback: Lean
  28. Pingback: Warranty
  29. Pingback: FUE
  30. Pingback: FUE
  31. Pingback: Efficient moving
  32. Pingback: House moving
  33. Pingback: Classic Books 500
  34. Pingback: Fiverr.Com
  35. Pingback: FiverrEarn
  36. Pingback: FiverrEarn
  37. Pingback: Media
  38. Pingback: FiverrEarn
  39. Pingback: OnlyFans Australia
  40. Pingback: pupuk terbaik
  41. Pingback: partners
  42. Pingback: Sport analysis
  43. Pingback: FiverrEarn
  44. Pingback: FiverrEarn
  45. Pingback: FiverrEarn
  46. Pingback: live sex cams
  47. Pingback: FiverrEarn
  48. Pingback: FiverrEarn
  49. Pingback: FiverrEarn
  50. Pingback: FiverrEarn
  51. Pingback: FiverrEarn
  52. Pingback: FiverrEarn
  53. Pingback: FiverrEarn
  54. Pingback: FiverrEarn
  55. Pingback: FiverrEarn
  56. Pingback: FiverrEarn
  57. Pingback: serialebi qaerulad
  58. Pingback: Milking
  59. Pingback: anniversary
  60. Pingback: Kuliah Termurah
  61. Pingback: FiverrEarn
  62. Pingback: FiverrEarn
  63. Pingback: FiverrEarn
  64. Pingback: FiverrEarn
  65. Pingback: cheap sex cams
  66. Pingback: canine probiotics
  67. Pingback: french bulldog
  68. Pingback: live sex cams
  69. Pingback: live sex cams
  70. Pingback: live sex cams
  71. Pingback: frt trigger
  72. Pingback: Creditos fiscales
  73. Pingback: efos y edos
  74. Pingback: 늑대닷컴
  75. Pingback: Slot Buah
  76. Pingback: nangs sydney
  77. Pingback: superslot
  78. Pingback: allgame
  79. Pingback: 918kiss
  80. Pingback: หวย24
  81. Pingback: Beauty Of Joseon
  82. Pingback: pg slot
  83. Pingback: cybersécurité
  84. Pingback: Raahe Guide
  85. Pingback: Raahe Guide
  86. Pingback: itsMasum.Com
  87. Pingback: more
  88. Pingback: link
  89. Pingback: itsmasum.com
  90. Pingback: itsmasum.com
  91. Pingback: random text chat
Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top