Signet Jewelers (SIG) Misses Q1 EPS by 1c; Comps Rise 3.6%

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Signet Jewelers Reports Strong First Quarter Financial Results

May 28, 2015 7:00 AM EDT

Same store sales 3.6%; EPS $1.48, Adjusted EPS $1.62

HAMILTON, Bermuda--(BUSINESS WIRE)-- Signet Jewelers Limited (Signet) (NYSE and LSE: SIG), the world's largest retailer of diamond jewelry, today announced its results for the 13 weeks ended May 2, 2015 (first quarter Fiscal 2016). Consolidated results reflect the addition of Zale Corporation, acquired on May 29, 2014, as well as purchase accounting and transaction costs related to that acquisition.

Mark Light, Chief Executive Officer of Signet, said, We delivered a very strong first quarter of 3.6% same store sales and a 25.6% increase in adjusted EPS. Each of our divisions... More