Signet Jewelers Reports Fourth Quarter and Fiscal 2017 Financial Results

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Signet Jewelers (SIG) Tops Q4 EPS by 2c, Comps Fall 4.5%; Guides FY18 EPS Below Views

March 9, 2017 6:57 AM EST

Signet Jewelers (NYSE: SIG) reported Q4 EPS of $4.03, $0.02 better than the analyst estimate of $4.01. Revenue for the quarter came in at $2.27 billion versus the consensus estimate of $2.3 billion.

Same store sales ("SSS") declined 4.5%.

Signet Jewelers sees FY 2018 EPS of $7.00-$7.40 versus the consensus of $7.76. Sees SSS down low-to-mid single-digit %.

Mark Light, Chief Executive Officer of Signet Jewelers, said, Signet had a... More