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Tiffany Quadruples Earnings But Misses Analyst Estimates

Posted Mar 22nd 2010 2:10PM by Michael Fowlkes (RSS feed)
Filed under: Earnings Reports, Forecasts, Good news, Tiffany and Co (TIF)

As we saw in our earnings preview for Tiffany & Co. (TIF), analysts had big expectations for the company's fourth quarter, and while Tiffany was able to post a very respectable 27% jump in earnings, it fell just a bit short of Wall Street's estimates this morning.

Going into this morning's earnings report, analysts had forecast earnings of $1.13 per share. Actual earnings came in a bit under at $1.10 per share. For the same period last year the company earned 85 cents per share.

Continue reading Tiffany Quadruples Earnings But Misses Analyst Estimates

Another good month for McDonald's (MCD)

Posted Mar 10th 2008 1:36PM by Michael Fowlkes (RSS feed)
Filed under: Major Movement, International Markets, Good news, Products and Services, Consumer Experience, McDonald's (MCD), Recession

There is a lot of talk swirling around Wall Street about the current economic slowdown, and just how hard it is going to hit businesses in the months ahead. But so for fast food giant McDonald's (NYSE: MCD), 2008 is looking pretty rosy.

After ending 2007 with a disappointing decline in same store sales, McDonald's has now shown two straight months of sales growth following today's announcement that it had a pretty impressive 11.7% jump in same-store sales during the month of February.

Its American sales saw an increase of 8.3%, while-same stores sales in Europe really took off, showing a jump of an amazing 15.4%. Last month, the company reported that January same-store sales rose by 5.7%.

Continue reading Another good month for McDonald's (MCD)