Signet Jewelers (SIG) Tops Q1 EPS by 19c, Revenue Beats, Maintains Guidance

Signet Jewelers (NYSE: SIG) reported Q1 EPS of $0.10, $0.19 better than the analyst estimate of ($0.09). Revenue for the quarter came in at $1.48 billion versus the consensus estimate of $1.4 billion.

Comps declined 0.1%

• Reiterates Fiscal 2019 guidance of same store sales of down low-to-mid single digits, total sales of $5.9 billion-$6.1 billion
• Revises Fiscal 2019 GAAP EPS guidance to $(7.30)-$(7.90) due to goodwill and intangibles impairment charge and reiterates non-GAAP EPS guidance of $3.75-$4.25

For earnings history and earnings-related data on Signet Jewelers (SIG) click here.

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