TIF - Tiffany: Caution Ahead Of Earnings Yet All Eyes Are On Acquisition Prospect
Basic Business/Product Analysis:
Founded in 1837 and going public 150 years later, Tiffany is one of the oldest jewelry brands in the world. To date, the company still positions its brand as one of high-quality gemstone jewelry, particularly diamond jewelry, which translates into “sophisticated style and romance; excellent customer service; an elegant store and online environment.” While over the decades TIF has branched out into other areas of retail, such as clothing and china, it is jewelry that has remained its dominant theme around the world.
Valuation and Acquisition Commentary:
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