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Stock Market & Financial Investment News

News Breaks
November 20, 2012
07:34 EDTSIGSignet Jewelers reports Q3 SSS up 1.4%
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June 25, 2015
06:57 EDTSIGSignet Jewelers weakness a buying opportunity, says Nomura
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05:44 EDTSIGSignet Jewelers pullback a buying opportunity, says Nomura
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June 24, 2015
08:54 EDTSIGSignet Jewelers repeats Q2 adjusted EPS view $1.11-$1.16, consensus $1.15
Sees Q2 SSS up 2%-3%. Sees FY16 CapEx $275M-$325M, effective tax rate 28%-29%, net selling square footage growth 2%-3%. Says company's biggest opportunities for market share remain in the U.s. Sees $150M-$175M in cumulative 3-year operating profit synergies by end of January 2018. Says majority of synergies will be achieved by Zale division. By end of FY18, says Zale division expected to be at 9% operating margin. Says synergies alone will help achieve medium-term operating margin milestone. Comments from slides that will be presented at the company's Institutional Investor Conference.

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