Signet Jewelers (SIG) Tops Q1 EPS by 19c, Revenue Beats, Maintains Guidance

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Signet Jewelers Reports First Quarter Fiscal 2019 Financial Results

June 6, 2018 6:50 AM EDT

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 ended May 5, 2018 (first quarter Fiscal 2019).

Summary:

Same store sales ("SSS") essentially flat with prior year quarter1 GAAP diluted earnings per share ("EPS") of $(8.48), including the impact of a non-cash impairment charge related to goodwill and intangibles, loss recognized on held for sale non-prime receivables and restructuring charges Non-GAAP EPS of $0.102 Reiterates Fiscal 2019 guidance of same... More