|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||107.18 - 108.50|
|52-week range||77.15 - 110.17|
|PE ratio (TTM)||28.95|
|Earnings date||16 Mar 2018|
|Forward dividend & yield||2.00 (1.84%)|
|1y target est||110.24|
Tiffany's same-store sales in the Americas rose six percent in the holiday season, helping raise the company's 2017 full-year forecast for sales and earnings. Aleksandra Michalska reports.
Buoyed by the strong performance during the holiday season, Tiffany & Co. (TIF) raised its sales and earnings outlook for fiscal 2017. Its sales are expected to benefit by 2% from higher fashion jewelry sales and square footage expansion. Tiffany plans to open nine stores, relocate seven stores, and close seven stores.
Shares of Tiffany (TIF) are higher on Wednesday, after the company reported a robust holiday season. The jeweler said that worldwide holiday sales were up 8%, with comparable sales climbing 5% in the two months ended December. In the Americas, total sales increased 7% as comps rose 6%, while total sales jumped 16% in the Asia-Pacific region on a 7% increase in same-store sales.
Tiffany & Co.'s price target was bumped up to $108 from $96 at Wells Fargo after the luxury jeweler announced plans to reinvest its tax reform savings in the business. Analysts maintained their market ...
The graph below shows how analysts have changed their views on Signet Jewelers (SIG) in the past year. Whereas most analysts were positive on the stock in January 2017, the majority of them have now become neutral, owing to the company’s continued underperformance on the sales and earnings front. The company’s dismal performance is reflected in the steep decline in the company’s target price, as shown in the chart. Several analysts further lowered their target prices for Signet stock following the company’s weak holiday sales results.
Shares of Tiffany & Co. initially fell in premarket trade before recovering Wednesday, after the company said it expects the tax bill signed into law in December to create charges of $115 to $165 million ...
Tiffany & Co. posted a rebound in its holiday sales, helped by a new home and accessories collection that included $90 black pencil holders, $275 silver shaving brushes and $450 rulers.
Analysts expect Signet’s (SIG) bottom line to fall YoY (year-over-year) in fiscal 2018. Near-term disruptions owing to the company’s credit outsourcing transition are expected to hurt its Sterling Jewelers sales, and in turn, its bottom line. Analysts expect the company to report earnings of $6.32 per share in fiscal 2018, marking a YoY decline of 15.3%.
Signet Jewelers (SIG) reported dismal holiday sales in the nine weeks ended December 30, 2017, and saw its stock fall ~7% on January 10, 2018. Over the past year, Signet stock has largely disappointed investors, falling ~33%. As discussed above, Signet stock has recovered by 8% in the last two trading days, despite reporting weak sales for the holiday season for a second consecutive time.
It looks like Tiffany & Co. may have given holiday shoppers just the sort of gifts they were prowling for: A sterling silver ice cream scoop, or maybe a classy ruler.
Tiffany (TIF) reported earnings about a month ago. What's next for the stock? We take a look at earnings estimates for some clues.
After a brief pullback last week, Tiffany & Co. started this week on a stronger note and rose to two-year high price levels.
Stocks that moved substantially or traded heavily Thursday: Walt Disney Co., up $2.96 to $110.57 The entertainment company agreed to buy most of 21st Century Fox for $52.4 billion in stock. Tiffany & Co., ...
Industrywide, retail sales for November surged 0.8%, far above the consensus view of 0.3% and topping the highest estimate in the range.
Shares of Tiffany & Co. closed up 3.4 percent Thursday after Citigroup upgraded the luxury retailer to buy.