Tiffany: adjusted EPS up 15% in Q4
(CercleFinance.com) - Tiffany has published Q4 (to end-January 2018) EPS that is down 61% at 50 cents, although when adjusted for extraordinary items, EPS was up 15% at 1.
67 dollar.
The New York jeweler's sales rose 9% to 1.3 billion dollars, driven by all geographic zones and product categories. On a like-for-like basis and excluding currency effects, sales increased 1%.
Announcing full-year adjusted EPS that increased by 10% to 4.13 dollars, against a final target of "at least upper single-digit growth," the group targets between 4.25 dollars and 4.45 dollars this year.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
67 dollar.
The New York jeweler's sales rose 9% to 1.3 billion dollars, driven by all geographic zones and product categories. On a like-for-like basis and excluding currency effects, sales increased 1%.
Announcing full-year adjusted EPS that increased by 10% to 4.13 dollars, against a final target of "at least upper single-digit growth," the group targets between 4.25 dollars and 4.45 dollars this year.
Copyright (c) 2018 CercleFinance.com. All rights reserved.