Seeking Alpha

Tiffany & Co. (TIF)

  • Feb. 21, 2013, 10:34 AM
    Tiffany & Co (TIF) declares $0.32/share quarterly dividend, in line with previous. Forward yield 1.99%. For shareholders of record Mar. 20. Payable Apr. 10. Ex-div date Mar. 18. (PR)
    | Feb. 21, 2013, 10:34 AM | Comment!
  • Feb. 14, 2013, 3:53 PM
    Tiffany (TIF +0.6%) sues Costco (COST +0.3%) in federal court over allegations of counterfeit rings. The new suit contends Costco sold rings it falsely advertised were made by the luxury jewelry seller.
    | Feb. 14, 2013, 3:53 PM | Comment!
  • Feb. 8, 2013, 9:54 AM
    Important trends from yesterday's department store numbers, courtesy of KeyBanc: 1) Multi-channel (GPS, JWN, URBN) matters, and will hurt those who haven't invested (BKE, WTSLA, BONT). 2) High-end should outpeform. KeyBanc likes OXM and JWN, and prefers COH over TIF.
    | Feb. 8, 2013, 9:54 AM | Comment!
  • Feb. 4, 2013, 10:18 AM
    Shares of Tiffany (TIF -3%) fall lower after Monness Crespi Hardt downgrades the retailer to Hold from Buy. A stronger-than-expected report from Swatch also raises a few questions on whether or not luxury buyers are trading down a notch or two.
    | Feb. 4, 2013, 10:18 AM | Comment!
  • Jan. 28, 2013, 10:22 AM
    The National Retail Federation forecasts 2013 retail sales will increase at a rate of 3.4%, lower than the 4.2% rise seen in 2012. Consumer attitudes will be influenced by higher payroll taxes and the ongoing fiscal cliff drama before improving in the second half of the year, according to the trade group. Retailers with strong online businesses should be able to ride out the moderate growth period adequately with online sales forecast to rise between 9% and 12% for the year.
    | Jan. 28, 2013, 10:22 AM | 9 Comments
  • Jan. 25, 2013, 1:13 PM
    HSBC Securities ups its rating on Tiffany (TIF +3.4%) to Overweight, not shying away from the luxury retailer despite its sluggish report on holiday sales.
    | Jan. 25, 2013, 1:13 PM | Comment!
  • Jan. 25, 2013, 12:14 PM
    We're in the 4th phase of a bull market, Laszlo Birinyi tells the FastMoney gang, and it's typically the strongest phase and lasts nearly a year. Don't forget animal spirits, he says, noting CMG, TIF, ISRG all warned, all got hammered, and all recovered. The sudden flows into stock funds? "I don't subscribe to the theory that the retail investor is the last one in."
    | Jan. 25, 2013, 12:14 PM | 7 Comments
  • Jan. 23, 2013, 7:27 AM
    Luxury stocks are on watch after Coach posts a disappointing sales quarter in North America. Premarket: KORS -2.5%, RL -1%, TIF -0.9%.
    | Jan. 23, 2013, 7:27 AM | 1 Comment
  • Jan. 14, 2013, 8:12 AM
    Shares of Harry Winston Diamond (HWD) move up 8.9% premarket to $15.75 after Swatch Group agrees to buy the brand from HW Holdings. The move by Swatch into North America will give Tiffany (TIF), Zale (ZLC), and Signet (SIG) another rival to worry about with Swatch gaining a reliable source for diamonds for its watch business.
    | Jan. 14, 2013, 8:12 AM | 1 Comment
  • Jan. 10, 2013, 9:10 AM
    Premarket gainers: NOK +20%. SVU +19%. NEWL +18%. QLIK +8%. CRUS +7%. STM +5%.
    Losers: MCP -12%. ASNA -12%. ARO -9%. TIF -8%.
    | Jan. 10, 2013, 9:10 AM | Comment!
  • Jan. 10, 2013, 7:37 AM
    After Signet posted strong sales during the holiday period, Tiffany (TIF) couldn't keep up with analyst estimates in what could be another indication of consumers opting for lower-end items in their discretionary shopping. TIF -8.4% premarket to $57.99.
    | Jan. 10, 2013, 7:37 AM | Comment!
  • Jan. 10, 2013, 7:16 AM
    Tiffany (TIF) says holiday sales rose 4% Y/Y to $992M, paced by a 13% rise in the Asia-Pacific region. The company says the mark came in at the low end of its expectations and that it now expects Q4 EPS to fall in the low end of its guidance of $3.20-$3.40. Shares of TIF -6.7% premarket.
    | Jan. 10, 2013, 7:16 AM | Comment!
  • Jan. 9, 2013, 10:13 AM
    Retail analyst Rahul Sharma raises the possibility that purse strings in China could be loosening again after retail sales in the nation came in strong recently and Macau gambling picked up again. Good news from China's high-end spenders would also be good news for Tiffany's (TIF +0.8%), Ralph Lauren (RL +0.8%), Coach (COH +0.9%), Estee Lauder (EL +0.7%), and Michael Kors (KORS +0.4%).
    | Jan. 9, 2013, 10:13 AM | 1 Comment
  • Jan. 2, 2013, 12:28 PM
    Retail analyst Rahul Sharma calls Tiffany's (TIF +3.1%) move to renew its licensing deal with Elsa Peretti for 20 years a "material positive" after factoring in the large amount of business the brand generates for the company. At a cost of $47M upfront, Tiffany may have removed a lingering overhang on its shares that it would lose the business or pay a much higher price down the road to keep it.
    | Jan. 2, 2013, 12:28 PM | Comment!
  • Jan. 2, 2013, 9:02 AM
    Tiffany (TIF) strikes a licensing deal which will allow it to continue to sell Elsa Peretti jewelry with the company giving up a one-time payment of $47M and royalties for twenty years. The agreement is important with the Elsa Peretti line accounting for close to 10% of Tiffany's overall sales haul.
    | Jan. 2, 2013, 9:02 AM | Comment!
  • Dec. 13, 2012, 11:32 AM
    Luxury conglomerate PPR buys a majority stake in Chinese jewelry brand Qeelin for an undisclosed amount. The news Qeelin now has the financial backing to accelerate its expansion in the nation is of interest to Tiffany (TIF +0.2%) with its own ambition to grow China sales rapidly.
    | Dec. 13, 2012, 11:32 AM | Comment!
TIF vs. ETF Alternatives
Company Description
Tiffany & Co through its subsidiary, operates as a jeweler and specialty retailer. It also sells timepieces, sterling silver goods, china, crystal, stationery, fragrances, personal accessories and leather goods.
Sector: Services
Industry: Jewelry Stores
Country: United States