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Last €79.75 EUR
Change Today -3.25 / -3.92%
Volume 0.0
TIF On Other Exchanges
Symbol
Exchange
New York
Berlin
Sao Paulo
As of 3:44 PM 04/1/15 All times are local (Market data is delayed by at least 15 minutes).

tiffany & co (TIF) Snapshot

Open
€81.26
Previous Close
€83.00
Day High
€81.39
Day Low
€79.75
52 Week High
01/8/15 - €90.11
52 Week Low
04/14/14 - €60.73
Market Cap
10.3B
Average Volume 10 Days
157.3
EPS TTM
--
Shares Outstanding
129.2M
EX-Date
03/18/15
P/E TM
--
Dividend
€1.54
Dividend Yield
1.55%
Current Stock Chart for TIFFANY & CO (TIF)

tiffany & co (TIF) Details

Tiffany & Co., through its subsidiaries, designs, manufactures, and retails jewelry worldwide. Its jewelry products include fine and solitaire jewelry; engagement rings and wedding bands to brides and grooms; and non-gemstone, sterling silver, gold, and metal jewelry. The company also sells timepieces, leather goods, sterling silverware, china, crystal, stationery, fragrances, and accessories. In addition, it wholesales diamonds to third parties. The company offers its products through retail sales, Internet and catalog sales, business-to-business sales, and wholesale distribution. As of January 31, 2015, it operated 295 stores, including 122 stores in the Americas, 73 stores in the Asia-Pacific, 56 stores in Japan, 38 stores in Europe, 5 stores in the United Arab Emirates, and 1 stores in Russia. The company was founded in 1837 and is headquartered in New York, New York.

12,000 Employees
Last Reported Date: 03/20/15
Founded in 1837

tiffany & co (TIF) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $847.7K
Senior Vice President of Merchandising
Total Annual Compensation: $835.5K
Senior Vice President
Total Annual Compensation: $738.0K
Compensation as of Fiscal Year 2013.

tiffany & co (TIF) Key Developments

Michael J. Kowalski to Retire as Chief Executive Officer of Tiffany & Co., Effective March 31, 2015

Tiffany & Co. announced that Michael J. Kowalski, Chief Executive Officer, will retire effective March 31, 2015.

Tiffany & Co. Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Year Ended January 31, 2015; Provides Earnings Guidance for the First Quarter, Second Quarter, Third Quarter, Fourth Quarter and Year Ending January 31, 2016

Tiffany & Co. reported unaudited consolidated earnings results for the fourth quarter and year ended January 31, 2015. For the quarter, the company reported worldwide net sales of $1.3 billion compared with $1.3 billion a year ago. However, on a constant-exchange-rate basis which excludes the effect of translating foreign-currency-denominated sales into U.S. dollars, worldwide net sales increased 3% led by growth in Europe and Asia-Pacific, with the large growth in the fashion jewelry category, and worldwide comparable store sales were equal to the prior year. Net earnings were $196 million, or $1.51 per diluted share, compared with a net loss of $104 million, or $0.81 per diluted share, in the prior year which included a charge related to an adverse arbitration ruling. Excluding that charge, net earnings increased 3% from $190 million, or $1.47 per diluted share, earned in the prior year. Earnings from operations were $304.6 million compared with loss of $167.3 million a year ago. Earnings from operations before income taxes were $292.3 million compared with loss of $175.5 million a year ago. For the year, the company's worldwide net sales rose 5% to $4.25 billion compared with $4.0 billion a year ago. On a constant-exchange-rate basis, worldwide net sales rose 7% due to sales growth in all regions and product categories, and worldwide comparable store sales rose 4%. Net earnings were $484 million, or $3.73 per diluted share, compared with $181 million, or $1.41 per diluted share, in the prior year. Excluding pretax charges in both years, net earnings of $545 million, or $4.20 per diluted share, in the full year were 13% higher than the $481 million, or $3.73 per diluted share, earned in the prior year. Capital expenditures were $247 million in the year against $221 million a year ago, or 6% and 5%, respectively, of net sales. The $26 million increase reflected incremental spending for information technology systems and internal manufacturing capacity. Net cash provided by operating activities was $615.1 million compared with $154.7 million a year ago. Earnings from operations were $891.4 million compared with $304.3 million a year ago. Earnings from operations before income taxes were $737.5 million compared with $254.9 million a year ago. For the fiscal year ending January 31, 2016, the company is forecasting minimal growth in net earnings per diluted share from the $4.20 (excluding charges) earned in fiscal 2014. This forecast anticipates a decline of approximately 30% in the first quarter’s net earnings and a more modest decline in the second quarter, followed by expected double-digit percentage net earnings increases in the third and fourth quarters. The company’s worldwide net sales were increased by a mid-single-digit percentage on a constant-exchange-rate basis with sales growth in all regions. The company expects capital expenditures of $260 million, against $247 million last year. The company expects free cash flow (cash flow from operating activities less capital expenditures) exceeding $400 million. The company's worldwide net sales in the first quarter of fiscal 2015 are expected to decline by approximately 10%, as reported in U.S. dollars, primarily due to a difficult comparison to strong sales growth achieved in Japan in last year’s first quarter and continued softness currently being experienced in the Americas; worldwide net sales are expected to increase by a low-single-digit percentage, as reported in U.S. dollars, in the second quarter. The forecast also is based on the company's expectations for first quarter earnings to drop 30%. The forecast also is based on the company's expectations that second quarter earnings are to see a more "modest decline" and then double-digit earnings increases in third quarter and fourth quarter 2015.

Tiffany & Co., Q4 2015 Earnings Call, Mar 20, 2015

Tiffany & Co., Q4 2015 Earnings Call, Mar 20, 2015

 

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Industry Analysis

TIF

Industry Average

Valuation TIF Industry Range
Price/Earnings 23.8x
Price/Sales 2.7x
Price/Book 4.0x
Price/Cash Flow 23.6x
TEV/Sales 2.3x
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