-
Tiffany's CEO Steps Down Hours Before Company Runs First Commercial In 20 Years
Monday, February 6, 2017 - 9:58am | 406Shares of jewelry retailer Tiffany & Co. (NYSE: TIF) were trading lower by around 5 percent ahead of Monday's market open after the company announced a major executive shuffle over the weekend. Tiffany said in a press release on Sunday afternoon that its CEO Frederic Cumenal has stepped down,...
-
Tiffany 1Q Profit Drops 17.1%, Revenue Misses, Offers Downbeat Forecast
Wednesday, May 25, 2016 - 7:55am | 403Tiffany & Co. (NYSE: TIF) announced 17.1 percent drop in profit for the first quarter, hurt by the 7 percent fall in worldwide net sales dragged down by comparable store sales of 9 percent. As a result, its adjusted earnings and revenue fell short of the Street predictions. The company also...
-
Tiffany Teams Up With Coty To Create A New Line Of Fragrances
Wednesday, January 27, 2016 - 11:53am | 234Tiffany & Co. (NYSE: TIF), the famed jewelry retailer, announced on Wednesday it will team up with Coty Inc (NYSE: COTY), a beauty product and fragrances maker, to develop, produce and distribute a new line of fragrances for both women and men. The new line of fragrances will be sold at...
-
Tiffany & Co. Hits New 52-Week Low Following Lowered Guidance
Tuesday, January 19, 2016 - 12:12pm | 453Shares of Tiffany & Co. (NYSE: TIF) lost more than 5 percent on Tuesday and hit a new 52-week low of $62.90 after the company reported its holiday sales metrics and issued an update to its earnings expectations. Tiffany reported that its total sales for the two-month period ending December...