Loading...
Loading...
Tiffany & Co.
TIF today reported its sales growth for the
two-month period ended December 31st. Management also updated
its financial outlook.
Worldwide net sales increased 4% to $992 million. On a
constant-exchange-rate basis that excludes the effect of translating
foreign-currency-denominated sales into U.S. dollars (see “Non-GAAP
Measures” schedule), worldwide net sales also rose 4% and comparable
store sales were unchanged from the prior year.
Net sales highlights were as follows:
Sales in the Americas region increased 3% to $516 million in the
holiday period. On a constant-exchange-rate basis, total sales
See full press release© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in