Signet Jewelers Reports Fourth Quarter and Fiscal 2018 Results

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Signet Jewelers (SIG) PT Lowered to $40 at Cowen

March 15, 2018 10:29 AM EDT

Cowen lowered its price target on Signet Jewelers (NYSE: SIG) to $40.00 (from $54.00) while maintaining a Market Perform rating following results.

Analyst Oliver Chen sees (1) big strategic matters: digital integration with stores, new product innovation through speed, and an aggressive focus on value. And (2) Tactical... More

Signet Jewelers (SIG) PT Lowered to $44 at Telsey

March 15, 2018 6:58 AM EDT

Telsey lowered its price target on Signet Jewelers (NYSE: SIG) to $44.00 (from $55.00) while maintaining a Market Perform rating.

... More

Needham & Company Downgrades Signet Jewelers (SIG) to Hold

March 15, 2018 6:49 AM EDT

Needham & Company downgraded Signet Jewelers (NYSE: SIG) from Buy to Hold.

Analsyt Rick Patel commented, "Our prior rating was based on expectations of modest accretion from Phase 2 and easy Phase 1-related comparisons in 2H18. It turns out Phase 2 will create... More

Signet Jewelers (SIG) Raises Quarterly Dividend 19.4% to $0.37; 3.1% Yield

March 14, 2018 7:01 AM EDT

Signet Jewelers (NYSE: SIG) declared a quarterly dividend of $0.37 per share, or $1.48 annualized. This is a 19.4% increase from the prior dividend of $0.31.

The dividend will be payable on June 1, 2018, to stockholders of record on May 4, 2018, with an ex-dividend date of May 3,... More

Signet Jewelers (SIG) Q4 Comps Decline 5.2%

March 14, 2018 6:54 AM EDT

Signet Jewelers (NYSE: SIG) reported Q4 EPS of $4.28, $0.03 better than the analyst estimate of $4.25. Revenue for the quarter came in at $2.29 billion versus the consensus estimate of $2.24 billion.

Same store sales declined 5.2% in the fourth quarter and declined 5.3% in full year fiscal... More