Signet Jewelers (SIG) Tops Q2 EPS by 94c

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Signet Jewelers Reports Q2 Results And Accelerated Sales Momentum

September 3, 2020 6:50 AM EDT

HAMILTON, Bermuda, Sept. 3, 2020 /PRNewswire/ -- Signet Jewelers Limited ("Signet") (NYSE: SIG), the world's largest retailer of diamond jewelry, today announced its results for the 13 weeks ended August 1, 2020 ("second quarter Fiscal 2021").

"Sales improved sequentially throughout the second quarter as we reopened stores and remained agile and innovative in these unprecedented times. During the quarter, we also scaled our new virtual selling model, improved our merchandise assortment, and enhanced our targeted digital marketing to a strong consumer response," said Virginia C. Drosos, Chief Executive Officer. "While same store sales were down 31.3%... More