Sotheby’s Reports Standard Q1 Loss, with Lower Volume, Higher Commission Margin
The house will unveil its newly redesigned galleries this week, ahead of its big-ticket May auctions.
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Tad Smith
Sotheby’s Reports 12 Percent Increase in Fourth-Quarter Net Income
Investors rewarded the news, sending the stock strongly higher in early trading.
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Adam Chinn Will Step Down as Sotheby’s Chief Operating Officer
The role will be divided into two new positions, which will be taken by John Cahill and Ken Citron.
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Sotheby’s Posts $27.8 M. Third-Quarter Loss, Says 2019 Market Will Be ‘a Bit More Subdued’
The third quarter showed a $0.55 total loss per share compared to 2017's $0.45 loss per share.
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Sotheby’s Posts $11.3 M. Loss for First Quarter of 2017, a Marked Improvement in a Typically Quiet Spell
In an earnings call this morning about its first quarter of 2017, which traditionally lacks any big sales, Sotheby’s announced a net loss of $11.3 million, marking a 49-percent improvement over
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Getting Their House in Order: How a ‘Reloaded’ Christie’s Built a Near-$500 M. Sale
After a macher's departure, a CEO switch, and a slip in its dominance, Christie's contemporary seeks a new equilibrium
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House Arrest: How One Topsy-Turvy Season at Sotheby’s Could Change the Auction World Forever
There was little fanfare when bidders arrived at Sotheby’s headquarters at 1334 York Avenue May 9 for the auction house’s Impressionist and modern evening sale. Reporters murmured about…
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Sotheby’s Q3 Loss Shrinks Versus 2014, Buoyed by Inventory Sales, Finance Unit
Today, Sotheby’s released financial results for its third quarter, which ended September 20, 2015, reporting a net loss of $17.9 million, equal to 26 cents a share, which was an improvement over t<a href="http://www.bloomberg.com/news/articles/2015-11-09/sotheby-s-third-quarter-loss-narrows-beating-expectations" rel="nofollow" target="_blank"…
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Sotheby’s Revenue, Profits Down in Second Quarter Versus 2014
Today, Sotheby’s released its financial results for the second quarter of 2015, which concluded on June 30. The auction house announced total revenue of $487.7 million, down 1 percent from the
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Sotheby’s Posts $5.2 M. Profit for First Quarter, Expenses and Revenue Down Over Last Year
Sotheby’s today released its financial results for the first quarter of 2015, which ended on March 31 this year. The house posted a profit of $5.2 million for that period, up from the $6.1
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