Signet Jewelers (SIG) Tops Q1 EPS by 1c; Guides Q2 EPS Midpoint Below Expectations

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Go back to Signet Jewelers (SIG) Tops Q1 EPS by 1c; Guides Q2 EPS Midpoint Below Expectations

Signet Jewelers Reports Record First Quarter Earnings

May 26, 2016 6:55 AM EDT

EPS $1.87, up 26.4%; Adjusted EPS $1.95, up 20.4%; Fiscal 2017 Earnings Guidance Reaffirmed

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 ended April 30, 2016 (first quarter Fiscal 2017).

Highlights:

Diluted earnings per share ("EPS") grew 26.4%. Adjusted EPS grew 20.4%. Same store sales up 2.4%. Total sales $1.6 billion up 3.2%. Total sales at constant exchange rate up 3.9%. Annual earnings guidance reaffirmed. Zale acquisition integration progressing well; synergies remain on-target.... More