Signet Jewelers (SIG) Q1 EPS Misses Views, Comps Decline 11.5%, Reaffirms FY Guidance
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Signet Jewelers Reports First Quarter Financial Results
May 25, 2017 6:55 AM EDTReaffirms Fiscal 2018 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 (first quarter Fiscal 2018) ended April 29, 2017.
Summary:
Same store sales ("SSS") declined 11.5%, including 330 basis points unfavorable impact attributable to the later timing of Mother's Day holiday. Diluted earnings per share (EPS) of $1.03 declined $0.84 compared to the same quarter last year, including approximately $0.17 negative impact attributable to the later timing of Mother's Day holiday.... More