TIF - Tiffany's Holiday Results Show a U.S. Growth Rebound
Tiffany (NYSE: TIF) still has a few minor hurdles to clear in meeting all of the closing conditions in its acquisition deal with global luxury retailing giant LVMH (OTC: LVMHF) (OTC: LVMUY). That buyout is scheduled to occur at approximately $135 per share in cash, which should keep the stock hovering just below that price between now and the closing sometime in mid-2020.
In the meantime, Tiffany is scheduled to issue a few material updates to its business trends, and one of the biggest such announcements came this week with its holiday season sales release. Let's take a look at how the luxury jewelry giant fared during the industry's biggest selling weeks.
Image source: Getty Images.