Tiffany & Co. (NYSE:TIF) declared on improved than anticipated Q4 fiscal 2012 results because of increase in demand in the Asia-Pacific region. The quarterly earnings of $1.40 a share tops the Zacks Consensus anticipates of $1.37, and increased slightly by 0.7 percent from $1.39 generated in the prior-year quarter.
Tiffany, who faces stiff rivalry from Signet Jewelers Limited (SIG) and Zale Corporation (ZLC), declared net sales of $1,235.8M throughout the quarter, increased 4 percent from the previous-year quarter, on the heels of healthy performance of stores in the Americas, Asia-Pacific and Europe regions and because of new compilation releases.
However, total revenue dropped short of the Zacks Consensus anticipates of $1,255M. In steady currencies, net sales rose 5 percent, while similar-store sales remain unchanged.
Tiffany & Co. (NYSE:TIF) stock hit highest price at $70.78, beginning with a price of $70.15 and reported increased 1.94% to the closed at $69.23 with day range of $68.82-$70.78. The total market capitalization remained $8.78 million, total volume held in the session was 4.44 million shares surprisingly higher than its average volume of 1.87 million shares.
To check the Stocks ups and downs, TIF last week stock price volatility remained 0.19% and month was at8.21%. TIF generated revenue of3.75 billion in the following twelve months income of $414.91 million. The Company showed a positive 11.08% in the net profit margin and in addition to in its operating margin which remained 18.49%. Company’s annual sales growth for the past five year was 7.30%.
The TIF past twelve months price to sales ratio was2.34 and price to cash ratio remained 25.37. As far as if notice on other major contributors of similar sectors have sale ratio and price to cash ratio remained Birks & Mayors Inc (NYSEAMEX:BMJ) ‘s P/S 0.05% P/C 5.47%, Charles & Colvard, Ltd. (NASDAQ:CTHR) ‘s P/S 3.35% P/C 6.73%,DGSE Companies, Inc. (NYSEAMEX:DGSE) ‘s P/S 0.52% P/C 25.37%, Luxottica Group SpA (ADR) (NYSE:LUX) ‘s P/S 2.70% P/C 18.29%.
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