Mar
27
Tiffany (TIF) lowered earnings guidance in each quarter of 2012. The most recent guide down came when the company posted disappointing holiday comparable sales numbers and suggested fourth-quarter earnings would come in at the low end of the expected range (the low end was $1.35 a share). Well, EPS came in above that range at …
Dec
27
This article was published on the street.com Real Money MasterCard (MA) just released holiday sales figures and it’s not pretty. Sales increased 0.7%, the worst since the depths of the 2008 recession. ShopperTrak chipped away at estimates before Christmas (reduced to 2.5% from 3.3%), but clearly not enough. Warning to investors: Never assign much weight …
Dec
02
This article was also published on Real Money The Street.com 11/29/2012 When a company starts off the year telling you about a back-half-weighted story, a huge red flag should go up. Tiffany (TIF) was a back-half story, then it was a Q4 story. Now it is REALLY a Q4 story after the company brought the …
Sep
12
Retail luxury investors are missing the biggest red alert sounded off by Burberry yesterday. I am starting to sound like a broken record but sounds like that record is starting to crack. Yes we know Mainland China is slowing. We have heard that from countless retailers (NKE, TIF, COH, LVMH, Burberry). But my concern has …
Sep
04
End of Summer Blues? Raise a Glass to Fashion’s Night Out The dark clouds rolled in over Labor Day but dont fret Ladies Fashion’s Night Out is here to cheer you up. Thursday Night marks the 4th Anniversary of Fashion’s Night Out, the brainchild event created by Vogue’s Anna Wintour. The after hours shopping extravaganza …
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