Signet Jewelers (SIG) Q1 EPS Misses Views, Comps Decline 11.5%, Reaffirms FY Guidance

Go back to Signet Jewelers (SIG) Q1 EPS Misses Views, Comps Decline 11.5%, Reaffirms FY Guidance

Signet Jewelers (SIG) PT Lowered to $75 at BofA/Merrill Lynch; 'F2018 Off to a Slow Start'

May 26, 2017 7:13 AM EDT

BofA/Merrill Lynch lowered its price target on Signet Jewelers (NYSE: SIG) to $75.00 (from $90.00) while maintaining a Buy rating, following the company's first quarter earnings report.

Analyst Lorraine Hutchinson notes the company delivered first quarter earnings per share and revenue results below consensus... More