Tiffany & Co. (NYSE: TIF) (the "Company") today announced that it will hold a special meeting of its stockholders on December 30, 2020, beginning at 9 a.m., local time. Due to public health concerns surrounding the novel coronavirus (COVID-19) and to prioritize the health and well-being of its employees, stockholders and other community members, the Company will hold the special meeting in a virtual meeting format only on www.virtualshareholdermeeting.com/TIF2020SM. You will not be able to attend the special meeting physically in person.
Tiffany's (TIF) third-quarter fiscal 2020 results reflect higher sales in Mainland China and sturdy e-commerce business.
Global net sales for luxury goods company Tiffany & Co. (NYSE: TIF) were 1% lower for the third quarter of 2020 year over year, but this mild apparent decline conceals at least two positives. Plus, efficiency improvements caused net earnings to jump 52% year over year, or 73% excluding the costs of its merger with LV Moet Hennessy (OTC: LVMHF). Tiffany's results handily beat analyst consensus expectations according to data by Zacks Equity Research.