Income Preview: Tiffany & Co. to report 4Q
Jewelry retailer Tiffany & Co. has reported fourth-quarter end results ahead of the current market starts on Monday.
What You Should Watch For: Analysts will probably be thinking an up-date on Tiffany's expertise of the earthquake and tsunami in Japan. The New York company operates 55 outlets in Japan, including one in the roughest hit Sendai region. It said previously immediately a part of its shops closed but just didn't say the amount of.
Other wise, fourth-quarter results will provide how well the luxurious market place organized within the all-vital holiday quarter. One important detail will likely be how well jewelry on the top end of the range is selling, compared with lower-priced goods including silver jewelry.
The posh part has bounced back quicker than other retail categories.
WHY IT MATTERS: With a large global presence, Tiffany's answers are a good indicator of how the luxury segment is doing across the world. About 19% of its revenue comes from Japan, 16 percent of revenue comes from the rest of Asia and 12% from Europe.
WHAT'S EXPECTED: Professionals expect net income of $1.39 per share on profits of nearly $1.1 billion, in accordance with FactSet.
LAST YEAR'S QUARTER: The company reported net profit of $1.10 per share on revenue of $981.4 million.
What You Should Watch For: Analysts will probably be thinking an up-date on Tiffany's expertise of the earthquake and tsunami in Japan. The New York company operates 55 outlets in Japan, including one in the roughest hit Sendai region. It said previously immediately a part of its shops closed but just didn't say the amount of.
Other wise, fourth-quarter results will provide how well the luxurious market place organized within the all-vital holiday quarter. One important detail will likely be how well jewelry on the top end of the range is selling, compared with lower-priced goods including silver jewelry.
The posh part has bounced back quicker than other retail categories.
WHY IT MATTERS: With a large global presence, Tiffany's answers are a good indicator of how the luxury segment is doing across the world. About 19% of its revenue comes from Japan, 16 percent of revenue comes from the rest of Asia and 12% from Europe.
WHAT'S EXPECTED: Professionals expect net income of $1.39 per share on profits of nearly $1.1 billion, in accordance with FactSet.
LAST YEAR'S QUARTER: The company reported net profit of $1.10 per share on revenue of $981.4 million.
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