Signet Jewelers Announces Strong Fourth Quarter Preliminary Results
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CL King Upgrades Signet Jewelers (SIG) to Buy
March 1, 2016 7:49 AM ESTCL King upgraded Signet Jewelers (NYSE: SIG) from Neutral to Buy with a price target of $127.00.
For an analyst ratings summary and ratings history on Signet Jewelers click here. For more ratings news on Signet Jewelers click here.
Shares of Signet Jewelers closed at $108.40 yesterday.
... MoreSignet Jewelers (SIG) Prelim. Q4 EPS Tops Views; Comps Rose 4.9%; Synergy Guidance Raised
February 29, 2016 8:12 AM ESTSignet Jewelers (NYSE: SIG) reported Q4 EPS of $3.63, $0.08 better than the analyst estimate of $3.55.
Fourth quarter same store sales increased 4.9%;Synergy Guidance Increased
In addition to the strong financial results and increasing pipeline of opportunities, Signet is increasing its synergy guidance (i.e. operating profit contribution) to a range of $225 million - $250 million from the previously expected range of $150 million - $175 million as measured cumulatively over the three year period from February 1, 2015 - January 31, 2018.
In Fiscal 2016, we delivered $60 million in synergies, significantly exceeding the... More
