Signet Jewelers Ltd. (NYSE: SIG) released its fiscal second-quarter financial results before the markets opened on Thursday. The firm said that it had $0.51 in earnings per share (EPS) and $1.36 billion in revenue, which compares with consensus estimates of $0.24 in EPS and $1.34 billion in revenue, as well as the $0.52 per share and $1.42 billion posted in the same period of last year.
During the latest quarter, same-store sales decreased 1.5% from last year, with e-commerce sales up 4.4%.
In terms of its segments, Signet reported as follows:
Kay sales decreased 3.1% year over year to $528.9 million, with same-store sales decreasing 2.7%.
Zales sales decreased 0.9% to $275.9 million, with same-store sales increasing by 2.0%.
Jared sales decreased 6.1% to $254.6 million, with same-store sales decreasing 3.5%.
Piercing Pagoda sales increased 9.8% to $74.2 million, with same-store sales increasing 11.4%.
James Allen sales decreased 1.5% to $53.6 million, with same-store sales decreasing 1.5%.
Peoples sales decreased 4.6% to $45.5 million, with same-store sales decreasing 0.9%.
Regional Banners sales decreased 61.0% to $8.3 million, with same-store sales decreasing 10.0%.
Looking ahead to the fiscal full year, the company expects to see EPS in the range of $2.91 to $3.23 and total sales of $6.0 billion to $6.03 billion, with same-store sales decreasing between 2.5% and 1.5%. Consensus estimates call for $2.91 in EPS and $6.0 billion in revenue.
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