Signet Jewelers Limited (SIG) stock prices updated...

Signet Jewelers Limited stock price

Signet Jewelers Limited latest news:

  • 01/10/2018 14:41:07

    Signet and Domino's skid while Intuitive Surgical rises

    Signet Jewelers and Domino's Pizza fall while Intuitive Surgical and United Continental climb

  • 11/21/2017 05:22:12

    Signet Jewelers shares sink after earnings miss and profit warning

    Signet Jewelers Ltd. shares sank 16% in Tuesday premarket trading after the retailer reported a third-quarter earnings miss and issued a profit warning. Net loss totaled $12.1 million, or 20 cents per share, compared with income of $14.8 million, or 20 cents per share, for the same period last year. The FactSet EPS consensus was 13 cents. Sales totaled $1.16 billion, down from $1.19 billion last year and just below the $1.17 billion FactSet estimate. Same-store sales fell 5%, also below the FactSet consensus for a 3.2% decline. Aside from weather-related impacts, the company said results were hurt by "systems disruptions" and changes associated with outsourcing its credit portfolio, particularly with the Kay brand. Signet expects this to continue to be a drag on fourth-quarter and full-year results, Chief Executive Virginia Drosos said in a statement. Signet sees fourth-quarter same-store sales down low-to-mid-single digits. For the full year, the company expects same-store sales down mid-single digits, and EPS of $6.10 to $6.50. Previous full-year same-store sales guidance was down low-to-mid-single digits and EPS of $7.16 to $7.56. The FactSet consensus is for a full-year same-store sales decline of 3% and EPS of $7.05. Signet shares are down 19.5% for the year so far while the S&P 500 index is up 15.3% for the period.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit for more information on this news.

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