Tiffany & Co. reported unaudited sales results for the interim period from November 1, 2019 through December 24, 2019. results for the interim period from November 1, 2019 through December 24, 2019 (the “2019 interim holiday period”). Worldwide (unaudited) net sales for the 2019 interim holiday period increased approximately 1 - 3% as compared to the same period in 2018.

The company also expects that net earnings for its fiscal quarter ending January 31, 2020 will be negatively impacted by increased expenses related to its entry into an
Agreement and Plan of Merger with LVMH Moët Hennessy - Louis Vuitton SE, as well as certain subsidiaries thereof, including expenses related to certain compensation related actions approved by the Company's Board of Directors or its Compensation Committee, as applicable.