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Signet Jewelers Limited (SIG)

- NYSE
  • Today, 3:55 PM
    • Signet (SIG +14.2%) rips higher after strong FQ2 results.
    • A key part of the estimate-topping quarter was the ability of the company to turbocharge results with Zales after acquiring the brand.
    • Execs noted the Zales business has been more profitable for the first two quarters of the year than it was in the first half of the previous ten years before the merger.
    • Earnings call transcript
    • Previously: Signet beats by $0.13, beats on revenue (Aug. 27)
    • Previously: More on Signet's FQ2 (Aug. 27)
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  • Today, 9:14 AM
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  • Today, 7:59 AM
    • Signet (NYSE:SIG) reports same-store sales rose 4.2% in FQ2.
    • Comp growth by brand: Kay +4.1%, Jared +2.7%, Sterling +3.3%, Zales (total) +5.8%, Zales US Jewelry +5.3%, H.Samuel +1.9%, Ernest Jones +8.3%, UK Jewellers division +5.1%.
    • E-commerce sales rose 30.5% to $65.9M.
    • Adjusted gross margin rate increased 100 bps to 35.3%.
    • Adjusted SG&A expense rate +80 bps to 29.2%.
    • Adjusted operating margin rate grew 30 bps to 10.5%.
    • Store count +4 Q/Q to 3,593.
    • FQ3 Guidance: Same-store sales: +3% to +4%; GAAP EPS: $0.23 to $0.25; Non-GAAP EPS: $0.36 to $0.40.
    • FY2016 Guidance: Tax rate: 28% to 29%; Capex: $275M to $325M; Net selling square footage growth: 2% to 3%.
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  • Today, 7:01 AM
    • Signet (NYSE:SIG): Q2 EPS of $1.28 beats by $0.13.
    • Revenue of $1.41B (+13.7% Y/Y) beats by $30M.
    • Press Release
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  • Yesterday, 5:30 PM
  • Fri, Jul. 24, 5:31 PM
    • Signet Jewlers (NYSE:SIG) is replacing DirecTV (just acquired by AT&T) in the S&P 500 after Tuesday's close. Parexel (NASDAQ:PRXL) is taking Signet's spot in the S&P MidCap 400, and Enanta Pharma (NASDAQ:ENTA) is taking Parexel's spot in the S&P SmallCap 600.
    • Also: Catalent (NYSE:CTLT) is replacing JDS Uniphase (JDSU - about to carry out a spinoff) in the S&P 400 after the July 31 close. What's left of JDSU (to be known as Viavi) will replace Susquehanna Bancshares (about to be acquired) in the S&P 600, while its Lumentum Holdings spinoff will replace Comstock Resources (NYSE:CRK) in the 600.
    • SIG +2.5% AH. PRXL +0.7%. ENTA +4%. CTLT +3%.
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  • Tue, Jun. 16, 8:06 AM
    • Signet (NYSE:SIG) declares $0.22/share quarterly dividend, in line with previous.
    • Forward yield 0.67%
    • Payable Aug. 27; for shareholders of record July 31; ex-div July 30.
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  • Thu, May 28, 7:43 AM
    • Signet (NYSE:SIG) reports same-store sales rose 3.6% in FQ1.
    • Comp growth by brand: Kay +3.6%, Jared +0.2%, Sterling +2.3%, Zales (total) +5.6%, Zales US Jewelry +5.4%, H.Samuel +4.2%, Ernest Jones +8.3%, UK Jewellers division +6.2%.
    • Consolidated E-commerce sales rose 98.7% to $76.9M.
    • Gross margin rate decreased 80 bps to 37.8%.
    • Adjusted SG&A expense rate +70 bps to 29.3%.
    • Adjusted operating margin rate fell 250 bps to 12.6% due to the addition of the Zale division this year.
    • Store count +10 Q/Q to 3,589.
    • FQ2 Guidance: Same-store sales: +2% to +3%; GAAP EPS: $0.99 to $1.05; Non-GAAP EPS: $1.11 to $1.16.
    • FY2016 Guidance: Tax rate: 28% to 29%; Capex: $275M to $325M; Net selling square footage growth: 2% to 3%.
    • SIG -4.64% premarket.
    | Comment!
  • Thu, May 28, 7:04 AM
    • Signet (NYSE:SIG): FQ1 EPS of $1.62 misses by $0.01.
    • Revenue of $1.53B (+44.3% Y/Y) misses by $10M.
    • Press Release
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  • Wed, May 27, 5:30 PM
  • Thu, Mar. 26, 7:22 AM
    • Signet (NYSE:SIG) reports same-store sales rose 4.2% in FQ4.
    • Comp growth by brand: Kay +4.6%, Jared +2.6%, Sterling +3.7%, Zales (total) +3.7%, Zales US Jewelry +3.2%, H.Samuel +6.0%, Ernest Jones +9.3%.
    • Consolidated E-commerce sales rose 89% to $149.6M, with the addition of Zale's this year boosting the total.
    • Gross margin rate -140 bps to 40.1% due in part to the Zales addition.
    • SG&A expense rate +70 bps to 27.9%.
    • Guidance: FQ1 same-store sales forecast to increase 3.0% to 4.0%. EPS seen at $1.42-$1.49 vs. $1.61 consensus.
    • Previously: Signet misses by $0.20, misses on revenue
    • SIG +0.6% premarket.
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  • Thu, Mar. 26, 7:03 AM
    • Signet (NYSE:SIG): Q4 EPS of $3.06 beats by $0.02.
    • Revenue of $2.28B (+46.2% Y/Y) misses by $40M.
    • Press Release
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  • Wed, Mar. 25, 5:30 PM
  • Thu, Jan. 8, 9:15 AM
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  • Thu, Jan. 8, 7:29 AM
    • Signet (NYSE:SIG) reports holiday season sales rose 3.6%.
    • Comp growth by division: Sterling Jewelers +2.5%, Zale +3.5%, UK Jewelry +9.7%, Kay +3.4%, Jared +1.5.
    • E-commerce sales +90.9%.
    • The company reaffirms previous FQ4 guidance.
    | Comment!
  • Nov. 25, 2014, 7:42 AM
    • Signet (NYSE:SIG) reports same-store sales rose 4.2% in FQ3.
    • The Kay brand delivered a 7.5% comp, while comps rose 6.5% at Jared.
    • Consolidated E-commerce sales rose 97% to $44.8M, due largely to the integration of Zale's.
    • Gross margin rate -160 bps to 29.4% as the addition of Zale's created a new operating structure.
    • Guidance: FQ4 same-store sales seen rising 3.0% to 4.0%. EPS of $2.69-$2.83 forecast.
    • SIG +0.6% premarket.
    | Comment!
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Company Description
Signet Jewelers Ltd is a specialty jewelry retailer. It is engaged in retailing of jewelry, watches and associated services in United Kingdom and United States.
Sector: Services
Industry: Jewelry Stores
Country: United States