Signet Jewelers Reports Third Quarter Financial Results
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Signet Jewelers (SIG) Tops Q3 EPS by 5c; Lowers FY18 Outlook
November 21, 2017 7:00 AM ESTSignet Jewelers (NYSE: SIG) reported Q3 EPS of $0.15, ex-items, $0.05 better than the analyst estimate of $0.10. Revenue for the quarter came in at $1.16 billion versus the consensus estimate of $1.17 billion.
Same store sales was down 5.0%, including an estimated 120 basis point negative impact due to weather-related incidents and systems and process disruptions associated with outsourcing of the credit portfolio.
Virginia C. Drosos, Chief Executive Officer of Signet Jewelers, said: "Signet had a challenging third quarter. In addition to an anticipated... More
