Signet Jewelers (SIG) Tops Q2 EPS by 31c, Lifts FY Guidance

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Signet Jewelers Reports Second Quarter Fiscal 2019 Financial Results

August 30, 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 August4, 2018 (second quarter Fiscal 2019).

Summary:

Same store sales ("SSS") up 1.7% versus prior year quarter1 GAAP diluted earnings per share ("EPS") of $(0.56), including a ($1.08) combined impact of a loss recognized upon completion of the sale of non-prime receivables, restructuring charges and associated tax benefits Non-GAAP diluted EPS of $0.522 Completed non-prime credit outsourcing transaction, receiving $445.5 million in proceeds... More