Signet Jewelers (SIG) Q1 EPS Misses Views, Comps Decline 11.5%, Reaffirms FY Guidance
Signet Jewelers (NYSE: SIG) reported Q1 EPS of $1.03, $0.65 worse than the analyst estimate of $1.68. Revenue for the quarter came in at $1.4 billion versus the consensus estimate of $1.47 billion.
GUIDANCE:
Signet Jewelers sees FY2018 EPS of $7.00-$7.40, versus the consensus of $7.09.
Reaffirming Financial Guidance:
| Fiscal 2018 | |||
| SSS | down low-to-mid single-digit % | ||
| EPS | $7.00 to $7.40 | ||
| Effective tax rate | 24% to 25% | ||
| Weighted average common shares | 74 million to 75 million | ||
| Capital expenditures | $260 million to $275 million | ||
| Net selling square footage growth | -1% to 0% | ||
For earnings history and earnings-related data on Signet Jewelers (SIG) click here.