Key Developments: Tiffany & Co (TIF)

TIF on New York Consolidated

101.50USD
10 Jul 2014
Price Change (% chg)

$-1.07 (-1.04%)
Prev Close
$102.57
Open
$100.92
Day's High
$101.65
Day's Low
$100.73
Volume
652,701
Avg. Vol
960,917
52-wk High
$103.38
52-wk Low
$73.63

Search Stocks

Latest Key Developments (Source: Significant Developments)

Tiffany & Co Announces Change Of Chief Financial Officer -Form 8-K
Friday, 15 Nov 2013 08:30am EST 

Tiffany & Co reported in its Form 8-K that Patrick F. McGuiness, Registrant’s Chief Financial Officer (principal financial officer) has resigned that position effective November 27, 2013. James N. Fernandez, Registrant’s Executive Vice President and Chief Operating Officer will assume the position of Chief Financial Officer (principal financial officer) on an interim basis effective November 27, 2013.  Full Article

Tiffany & Co Announces New President
Tuesday, 24 Sep 2013 09:00am EDT 

The Board of Directors of Tiffany & Co. announced that it has appointed Frederic Cumenal to the position of President of Tiffany & Co. and also appointed him to a newly-created seat on the Company's Board.  Full Article

Tiffany & Co Raises FY 2013 EPS Guidance
Tuesday, 27 Aug 2013 12:00am EDT 

Tiffany & Co announced that for the fiscal 2013, it forecasts net earnings in a range of $3.50-$3.60 per diluted share, compared with $3.43-$3.53 per diluted share in its previous outlook and $3.25 per diluted share in fiscal 2012. According to I/B/E/S Estimates, analysts were expecting the Company to report EPS of $3.53 for fiscal 2013.  Full Article

Tiffany & Co Declares Regular Quarterly Dividend
Thursday, 15 Aug 2013 09:20am EDT 

Tiffany & Co declared a regular quarterly dividend of $0.34 per share of Common Stock. The dividend will be paid on October 10, 2013 to stockholders of record on September 20, 2013.  Full Article

Tiffany & Co Reaffirms FY 2013 EPS Guidance; Issues Q2 2013 EPS Guidance Below Analysts' Estimates; Comments On Q3, Q4 2013 EPS Guidance
Tuesday, 28 May 2013 07:00am EDT 

Tiffany & Co announced that for fiscal 2013, it expects earnings per share (EPS) in the range of $3.43-$3.53, unchanged from its previously-published outlook and compared to $3.25 per diluted share in 2012. For second quarter of 2013, it expects net earnings to be equal to the prior year based on an expected mid single digit sales increase, with earnings growth in the third and fourth quarters. The forecast excludes $0.05 per diluted share of expenses tied to cost-reduction initiatives that were recorded in the first quarter. The Company reported EPS of $0.64 in first quarter of 2012. According to I/B/E/S Estimates, analysts were expecting the Company to report EPS of $3.48 for fiscal 2013 and EPS of $0.78 for second quarter of 2013; EPS of $0.60 for third quarter of 2013 and EPS of $1.56 for fourth quarter of 2013.  Full Article

Tiffany & Co Increases Quarterly Dividend
Thursday, 16 May 2013 09:45am EDT 

Tiffany & Co announced that its Board of Directors declared a quarterly dividend of $0.34 per share of Common Stock, reflecting a 6% increase in the quarterly rate. This action increases the quarterly dividend from $0.32 per share (or $1.28 annually) to a new rate of $0.34 per share (or $1.36 per share annually).  Full Article

Tiffany & Co Issues FY 2013 EPS Guidance In Line With Analysts' Estimates; Comments On Q1 2013 EPS Guidance
Friday, 22 Mar 2013 07:00am EDT 

Tiffany & Co announced that for fiscal 2013, it expects net earnings from operations increasing 6%-9% to a range of $3.43-$3.53 per diluted share (EPS). For first quarter of 2013, it expects net earnings from operations to decline approximately 15%-20% due to gross margin pressure and higher marketing-related costs, to be followed by earnings growth in all subsequent quarters. According to I/B/E/S Estimates, analysts were expecting the Company to report EPS of $3.52 for fiscal 2013 and EPS of $0.52 for first quarter of 2013.  Full Article

Tiffany & Co Declares Regular Quarterly Dividend
Thursday, 21 Feb 2013 09:42am EST 

Tiffany & Co announced that it has declared a regular quarterly dividend of $0.32 per share of Common Stock. The dividend will be paid on April 10, 2013 to stockholders of record on March 20, 2013.  Full Article

Tiffany & Co Sues Costco Wholesale Corp Over Sales Of Engagement Rings-Reuters
Thursday, 14 Feb 2013 05:23pm EST 

Reuters reported that Tiffany & Co sued Costco Wholesale Corp to stop the U.S. warehouse club chain from selling what it called counterfeit diamond engagement rings bearing the luxury retailer's name. The trademark lawsuit filed in Manhattan federal court also calls on Costco to forfeit profits from the ring sales, plus damages of $2 million per infringement Tiffany said it believes hundreds, if not thousands, of Costco members bought engagement rings they believed were authentic Tiffany products but in fact were not. A spokesman for Costco was not immediately available. The case is Tiffany & Company and Tiffany (NJ) LLC v. Costco Wholesale Corp, U.S. District Court, Southern District of New York, 13-1041  Full Article

Tiffany & Co Extends Expiration Of Share Repurchase Program
Thursday, 17 Jan 2013 04:15pm EST 

Tiffany & Co announced that it has extended the expiration date of the Company's share repurchase program. The existing program, which was approved in January 2011 with an authorization to repurchase up to $400 million of the Company's Common Stock, was scheduled to expire on January 31, 2013. The expiration date is extended to January 31, 2014 and approximately $164 million remains available for share repurchases under this authorization. The Company is not purchasing shares but management may resume repurchases at any time in its discretion.  Full Article

Search Stocks