25.08.2016 - The price of Tiffany is likely to grow today
Shares of Tiffany probably will rise after the jewelry retailer has published a report for the 2nd quarter of this year. Thus, the profit of the company totaled 105.7 million dollars. Revenues fell to 931.6 million dollars against 990.5 million a year earlier. Sales in the Americas, Europe and Japan fell short of expectations. Despite the likely increase in the near future, we expect a decline in the price by 12-15% in the medium term.