Tiffany (TIF): Q2 EPS of $0.72 misses by $0.02. Revenue of $887M (+2% Y/Y) misses by $3M.
More on Tiffany (TIF): Sales breakdown: Americas -1% Y/Y to $434M; Asia-Pacific +1% to $174M; Europe -1% to $100M. Gross margin as a percentage of sales fell 270 bps Y/Y and 90 bp Q/Q to 56.4%. Says FQ2 sales increasing by low single-digits off of tough comparables. Lowers full-year 2012 EPS forecast to $3.70-$3.80, from prior guidance of $3.95-$4.04
More on Tiffany (TIF): Sales breakdown: Americas -1% Y/Y to $434M; Asia-Pacific +1% to $174M; Europe -1% to $100M. Gross margin as a percentage of sales fell 270 bps Y/Y and 90 bp Q/Q to 56.4%. Says FQ2 sales increasing by low single-digits off of tough comparables. Lowers full-year 2012 EPS forecast to $3.70-$3.80, from prior guidance of $3.95-$4.04
More Stocks News
For the latest updates on the stock market, visit,
http://daytradingstock-blog.blogspot.com
