Charles Lewis Tiffany founded TIFFANY AND COMPANY in 1837 when he opened a store at 259 Broadway in downtown Manhattan. His first day receipts were $4.98. The current corporate structure was established in 1984, when Tiffany & Co. was incorporated in Delaware to purchase the original company.
Where are Tiffany's headquarters?
The Company's headquarters are located at 727 Fifth Avenue, New York, NY 10022. The building, housing its flagship store at that address, was constructed in 1940. Approximately 45,500 square feet of this 124,000 square foot building, are devoted to retail selling purposes, with the balance devoted to administrative offices, certain product services, jewelry manufacturing and storage.
What is Tiffany's sales mix by product category?
For 2016, jewelry represented approximately 92% of Tiffany's worldwide net sales, with timepieces, leather accessories, fragrance, eyewear, tableware and other categories aggregating 8%.
What is Tiffany's geographical sales mix?
For 2016, the Americas represented approximately 46% of worldwide net sales, the Asia-Pacific region represented 25%, Japan 15%, Europe was 11% and all other was 3%.
What is the number and total square footage of Company-operated TIFFANY & CO. stores?
At January 31, 2017, the Company operated 125 TIFFANY & CO. stores in the Americas (which totaled approximately 722,000 gross square feet); 85 stores in the Asia-Pacific region (which totaled approximately 241,000 gross square feet); 55 stores in Japan (which totaled approximately 153,000 gross square feet); 43 stores in Europe (which totaled approximately 158,000 gross square feet); and five stores in the United Arab Emirates (which totaled approximately 7,900 gross square feet).
On what stock exchange is Tiffany's shares traded and what is the ticker symbol?
The Company's Common Stock is traded on the New York Stock Exchange with the symbol TIF.
Is Tiffany in any major stock index?
Yes, Tiffany is included in the S&P 500 index.
When does the Company's fiscal year end?
Tiffany's fiscal year ends on January 31.
Does Tiffany & Co. publish a CSR, Environmental or Sustainability Report?
Tiffany & Co. publishes its Corporate Responsibility Report online at https://www.tiffany.com/sustainability, in accordance with the Global Reporting Initiative's sustainability reporting framework. The website includes information on the Company's history of environmentally and socially responsible practices, select performance data, as well as further information about Tiffany's sustainability initiatives.
Is Tiffany stock widely followed by security analysts?
Yes. Research reports on Tiffany are published by a substantial number of "sell-side" analysts at major global and national brokerage firms. Please click on "Analyst Coverage" to see the list.
When was Tiffany's initial public offering and at what price?
The Company's initial public offering occurred on May 5, 1987 at a price of $23.00 per share (that equals $1.916 per share when adjusted for four subsequent stock splits).
Has Tiffany ever had a stock split?
Yes, since its initial public offering in May 1987, the Company has had four stock splits; a three-for-two split in July 1989, and two-for-one splits in July 1996, July 1999 and July 2000.
When does Tiffany report its quarterly results?
We typically report first quarter (February-April) results in late-May, second quarter (May-July) results in late-August, third quarter (August-October) results in late-November, holiday period (November-December) sales results in mid-January and fourth quarter (November-January) results in late-March.
Does Tiffany distribute its Proxy Statement using the "Notice and Access" process?
Yes, shareholders receive a notice to access the Proxy Statement and vote their shares on a website, and may also request a printed copy.
How can I receive an Annual Report? a Form 10-K? a Proxy Statement?
Tiffany's Annual Report includes the Report on Form 10K and the Proxy Statement. It is available on this website, or you can request a printed version by contacting our Investor Relations Department at the Company's headquarters or by clicking on the "PRINTED MATERIALS" tab in the shareholder tools section of this website.
Does Tiffany pay a dividend on its stock and at what rate?
Yes, Tiffany pays a dividend on its Common Stock and the current quarterly rate is 45 cents per share.
When does Tiffany pays its quarterly dividend?
Subject to declaration by the Board of Directors, quarterly dividends are typically paid on or around the 10th day of January, April, July and October.
Has the quarterly dividend been increased?
Yes, the quarterly dividend rate has been increased 15 times in the past 14 years. Most recently it was increased by 12.5%, going from 40 cents per share per quarter to 45 cents per share per quarter effective with the payment in July 2016.
Can I purchase shares without going to a stockbroker?
Yes, through the Computershare Investment Program ("CIP") which allows investors to purchase Tiffany & Co. Common Stock directly, rather than through a stockbroker, and become a registered stockholder of the Company. The program's features also include dividend reinvestment. Computershare Trust Company, N.A. administers the Program, which provides Tiffany & Co. shares through market purchases. For additional information, please contact Computershare at 888-778-1307 or 201-680-6578 or www.computershare.com/investor.
Does Tiffany offer a dividend reinvestment plan?
Yes, through the Computershare Investment Program ("CIP"). For more information about the CIP, enrollment forms are available by calling Computershare at 888-778-1307 or 201-680-6578 or by visiting their website at www.computershare.com/investor. However, please contact your stockbroker if your shares are held in a brokerage account.
When and where does Tiffany hold its Annual Meeting of Stockholders?
The meeting is typically held in the month of May. This year's meeting was held on Thursday, May 26, 2016 at 9:30 a.m. in the Great Ballroom of the W New York - Union Square hotel, 201 Park Avenue South (at 17th Street), New York, New York.
How can I receive news updates about Tiffany?
Tiffany's annual and quarterly financial results and other information are available on this website. You can automatically receive updates by clicking on "Email Alerts" in the Stockholder tools section of this website.
As a registered stockholder, who should I contact to report my address change/report a lost stock certificate/report a missing dividend check?
Tiffany's transfer agent and registrar is Computershare. Registered stockholders may contact them: by mail at Computershare, P.O. Box 30170, College Station, TX 77842-3170; or 211 Quality Circle, Suite 210, College Station, TX 77845 (for overnight correspondence) or by phone at 888-778-1307 or 201-680-6578 or through their website at www.computershare.com/investor. However, please contact your stockbroker if your shares are held in a brokerage account.
What is the Company's CUSIP number?
The CUSIP number for Tiffany & Co. Common Stock is 886547108.
Who is Tiffany's independent auditor?
The Company's Independent Registered Public Accounting Firm is PricewaterhouseCoopers LLP, located at 300 Madison Avenue, New York, New York 10017.
How many people does Tiffany employ?
There are 11,900 employees around the world as of January 31, 2017.