- Guides FY08 EPS $2.82-$2.92 ($2.80-2.90 prior guidance) v $2.83e
- Q2 Gross Margin 57.8% v 57.4% y/y
- Q2 North America SSS -4%
- Q2 Asia-Pacific SSS +1%
- Q2 Europe SSS +11%
- Guides FY total sales growth of 9%
- Guides FY operating margins to increase slightly
- Guides FY effective tax rate of 37%

Other headlines for [TIF]

• TIF 12/2/2008 01:54pm
  Tiffany & Co Have offered voluntary retirement incentives to approx 800 workers(non exec) in NY as part of planned headcount reduction - quarterly filing- Looking to retrieve sources for $300M worth of funding more...
  
• TIF 11/26/2008 08:39am
  Tiffany & Co Exec: Aug SSS -6% y/y, Sept SSS -15% and Oct SSS -20%, adds that November SSS declines are thus far tracking worse than Oct - conf call- Adds that sales declines occurred at all price points. - more...
  
• TIF 11/26/2008 07:00am
  Tiffany & Co Reports Q3 $0.35 v $0.25e, R $618.2M v $643.8Me, SSS -7%; to cut jobs and suspends buyback- Guides FY08 EPS $2.30-2.50 v $2.58e ($2.82-2.92 prior guidance) - Guides FY total sales growth of decline more...
  
• TIF 11/21/2008 08:36am
  Tiffany & Co Cowen Resumed TIF with Underperform
  
• SKS 11/18/2008 08:00am
  Saks Inc Reports Q3 -$0.13 v -$0.03e (ex items), R $698.0M v $712.7Me, SSS -11.5% y/y- Guides Q4 GM well below Q3 - Q3 Gross Margin 35.6% v 42.0% y/y
  

Consumer discr. sector headlines

• REL.UK Today 01:10am
  Reed Elsevier Royal Bank of Scotland Cuts REL.UK to Hold from Buy
  
• RECN Today 01:06am
  Resources Connection Inc Merrill Lynch Cuts RECN to Neutral from Buy
  
• BTG.GE Yesterday 10:20pm
  Bertelsmann WSJ: Restructuring efforts to eliminate two large publishing groups within Random House- Random House is the country's largest consumer-book publisher
  
• HD Yesterday 08:39pm
  Home Depot Inc President of Chinese unit Chen Yaodong has resigned - China Business News
  
• LNCE Yesterday 07:35pm
  Lance Inc Announces Successful Bid to Purchase Assets of Archway Cookies LLC- Under the terms of the Asset Purchase Agreement, Lance will acquire substantially all of the assets of Archway for approximately more...