Tiffany Is Looking to Find New Revenue Streams

The video discusses Tiffany's significant sales decline, attributed to reduced foreign tourism and a strong U.S. dollar. Despite declining diamond prices aiding margins, it wasn't enough to offset lower sales. Global market challenges, particularly in Japan, and consumer spending shifts are also explored. Tiffany's future strategy involves adjusting EPS expectations and addressing these challenges.

What were the analysts' expectations for Tiffany's same store sales number?

What factors contributed to the decline in Tiffany's sales?

How significant is the impact of foreign tourists on Tiffany's earnings?

What trends are observed in luxury spending among consumers?

What changes did Tiffany make in response to the sales decline?