Signet Jewelers Reports Third Quarter Fiscal 2019 Financial Results

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Signet Jewelers (SIG) PT Lowered to $46 at Cowen

December 7, 2018 9:02 AM EST

Cowen analyst Oliver Chen lowered the price target on Signet Jewelers (NYSE: SIG) to $46.00 (from $70.00) while maintaining a Market Perform rating.

Chen commented, "The risk of holiday sales largely determining FY19 performance was heightened with higher promotions, softening in-store traffic & credit application... More

Signet Jewelers (SIG) Tops Q3 EPS by 3c

December 6, 2018 6:52 AM EST

Signet Jewelers (NYSE: SIG) reported Q3 EPS of ($1.06), $0.03 better than the analyst estimate of ($1.09). Revenue for the quarter came in at $1.19 billion versus the consensus estimate of $1.15 billion.

Same store sales ("SSS") up 1.6% versus prior-year quarter

GUIDANCE:

Signet... More