Signet Jewelers (SIG) Tops Q3 EPS by 33c, Comps Increase 2.1%, Updates Guidance

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Signet Jewelers Reports Third Quarter Fiscal 2020 Financial Results

December 5, 2019 6:50 AM EST

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 November 2, 2019 (third quarter Fiscal 2020).

Summary:

Third Quarter Fiscal 2020

Same store sales ("SSS") up 2.1%1 GAAP diluted earnings per share ("EPS") of $(0.84) Non-GAAP diluted EPS of $(0.76)2 Net cash provided by operating activities of $113.5 million year to date Free cash flow of $18.2 million year to date2

Fiscal 2020 Guidance

Fiscal 2020 same store sales down 1.7% to down 1.0%... More