Signet Jewelers (SIG) Tops Q3 EPS by 5c; Lowers FY18 Outlook
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Signet Jewelers Reports Third Quarter Financial Results
November 21, 2017 6:55 AM ESTHAMILTON, 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 October 28, 2017 (third quarter Fiscal 2018).
Summary:
Same store sales ("SSS") 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. Loss per share of $0.20, including ($0.25) per share in net transaction costs related to the first phase of strategic credit outsourcing and the R2Net acquisition, and ($0.10) due to weather-related incidents and credit... More