Signet Jewelers (SIG) Tops Q4 EPS by 4c; Guides FY17 EPS to Strong-Side of Expectations

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Go back to Signet Jewelers (SIG) Tops Q4 EPS by 4c; Guides FY17 EPS to Strong-Side of Expectations

Signet Jewelers Reports Excellent Fourth Quarter and Fiscal 2016 Financial Results

March 24, 2016 6:55 AM EDT

EPS: Fourth Quarter Up Over 20%; Fiscal 2016 Up Nearly 24%

Company Initiates First Quarter Guidance and Establishes Annual Earnings Guidance

HAMILTON, Bermuda--(BUSINESS WIRE)-- Signet Jewelers Limited (Signet) (NYSE: SIG), the world's largest retailer of diamond jewelry, today announced its results for the 13 weeks (fourth quarter Fiscal 2016) and 52 weeks ("Fiscal 2016") ended January 30, 2016.

Highlights:

Annual total sales of $6.55 billion increased 14.2%. Fiscal 2016 same store sales increased 4.1%; diluted earnings per share (EPS) grew nearly 24%; adjusted EPS grew nearly 22%. Fourth quarter same... More