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Stock Market & Financial Investment News

News Breaks
March 21, 2014
09:06 EDTTIFTiffany sees opening 13 stores, closing 4 in FY14
Says yen negatively affected Q4 sales. Says can no longer quantify total foreign tourists sales in the Americas region because of the legal restrictions on data collection in some U.S. states. Says still projects foreign tourist spending to be meaningful to sales. Says spending will increase this year and next. Expects to open 13 stores in FY14 and close 4. Comments made during the company's Q4 earnings conference call
News For TIF From The Last 14 Days
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June 23, 2015
10:37 EDTTIFTiffany sees 'minimal growth' in FY EPS, consensus $4.23
Says plans to increase global square footage 4%-5% annually for the foreseeable future. Sees ability to generate "healthy" free cash flow. Sees demand for products "consistent" with past trends. Says branded jewelry continues to be attractive globally. Says tourism purchases in the U.S. are "definitely down," but seeing pickups in other markets around the world. Comments made by CFO Ralph Nicoletti at the Jefferies 2015 Global Consumer Conference. Tiffany & Co is up 0.9% to $94.06 in morning trading.

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