Sotheby’s (NYSE:BID) Files An 8-K Results of Operations and Financial Condition

Sotheby’s (NYSE:BID) Files An 8-K Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition

On May 10, 2017, Sotheby’s (the “Company”) issued a press release discussing its results of operations for the three months ended March 31, 2017. This press release is furnished as Exhibit 99.1 to this Form 8-K.
Item 9.01 Financial Statements and Exhibits
(c) Exhibits
99.1 Sotheby’s earnings press release for the three months ended March 31, 2017.

About Sotheby’s (NYSE:BID)

Sotheby’s is a global art business company. The Company is engaged in offering its clients opportunities to connect with and transact in a range of objects. The Company offers a range of art-related services, including the brokerage of private art sales, private jewelry sales through Sotheby’s Diamonds, private selling exhibitions at its galleries, art-related financing, and art advisory services, as well as retail wine locations in New York and Hong Kong. The Company operates through two segments: Agency and Finance. The Agency segment matches buyers and sellers of authenticated fine art, decorative art, jewelry, wine and collectibles (collectively, art or works of art or artwork or property) through the auction or private sale process. The Finance segment is engaged in art-related financing activities by making loans that are secured by works of art. The Company’s advisory services are classified within All Other segment.

Sotheby’s (NYSE:BID) Recent Trading Information

Sotheby’s (NYSE:BID) closed its last trading session up +0.11 at 47.82 with 623,010 shares trading hands.

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