Despite the positive news about fourth-quarter results

Analysts polled by Yahoo Finance most recently had predicted full-year earnings of $1.92 a share on sales of $2.65 billion, and fourth-quarter EPS of $1.02 on revenues of $925 million.The stabilization of jewelry coincides with replica Rolex Datejust Turn-O-Graph 'Thunderbird' watc recovery of the luxury market, according to analysts.Pali Capital retail analyst Stacey Widlitz said December comparable-store sales, reported last week, showed encouraging improvement for luxury, giving her confidence that the numbers continue to move in the right direction for jewelers such as the upscale Tiffany. Widlitz pointed out 20 percent of Tiffany's sales come out of New York. She also noted the move to trade down seems to be less extreme than last year and versus the past few quarters.

Earlier this month, digital replica Rolex Datejust Turn-O-Graph 'Thunderbird' watc company comScore Inc. said during holiday that jewelry and watches emerged as the leading category for online sales growth with a 20 percent rise. However, the firm added the double-digit growth rate followed a 29 percent decline during holiday 2008.Jefferies & Co. analyst Randal Konik also pointed to the weak comparisons within luxury, which should benefit companies like replica Rolex Datejust Turn-O-Graph 'Thunderbird' watc moving forward. He reiterated his buy rating for the New York-based company.We believe Tiffany is positioned for continued fundamental improvement in 2010 on favorable gross margin tailwinds from lower product costs, market gains in a consolidating retail environment, improving luxury trends and easy comparisons, Konik said.

Despite the positive news about fourth-quarter results, shares of Tiffany fell 24 cents, or 0.5 percent, on Tuesday to $46.44.Midtier jeweler Signet, which operates the Kay and Jared chains in the U.S., said it surpassed its financial performance objectives, including its plan for free cash flow, and now expected full-year earnings of between $1.76 and $1.84 a diluted share after it delivered a 5.6 percent increase in replica Rolex Datejust Turn-O-Graph 'Thunderbird' watc comps. According to Reuters, analysts forecast EPS of $1.64 for the fiscal year. Holiday comps rose 7.6 percent in the U.S., which accounts for about 78 percent of annual sales, and fell 0.8 percent in the U.K. division.

 

Par haishihongxia le dimanche 30 janvier 2011

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