Signet Reports Q1 Sales Growth and Raises Full-Year Outlook
Signet Jewelers reported a 1.8% increase in comparable sales to $1.6 billion for the first quarter, driven by strong performance during Valentine’s Day and Mother’s Day events. The company raised its full-year revenue guidance to between $6.7 billion and $6.9 billion and increased adjusted earnings per share (EPS) forecasts to a range of $9.20–$11.00.
Tickers: $SIG