Cramer credits Tiffany's staggering post-earnings rally to new CEO, strong execution [CNBC]
Comcast Corporation - Class A (CMCSA)
Last comcast corporation - class a earnings: 4/30 07:00 am
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Source: CNBC
show chapters On a wild day for the stock market, with stocks erasing their losses ahead of the closing bell, CNBC's Jim Cramer wanted to address what caused the craziness in the first place. [Investors] went nuts for fixer-uppers and ... punished consistent companies that are actually well-run, the Mad Money host said, pointing to one particular fixer-upper whose gains jumped out at him: jewelry maker Tiffany & Co . Shares of the once-scorned Tiffany roared over 23 percent after the company delivered its first-quarter earnings report , with same-store sales and jewelry demand far exceeding expectations. The New-York-based retailer earned $1.14 per share versus analysts' expectations of 83 cents. Same-store sales growth came in at 7 percent, overshooting expectations of only 2.6 percent. Tiffany also saw strength in new product lines, with sales in the Americas climbing 9 percent and Asia-Pacific sales jumping 28 percent in the three month
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CMCSA
Earnings
- 1/25/24 - Beat
CMCSA
Sec Filings
- 4/17/24 - Form 4
- 4/17/24 - Form 3
- 4/15/24 - Form 8-K
- CMCSA's page on the SEC website