Signet Stock Tumbles Amid Soft Q4 Sales and Outlook

Mar 21, 2024 · WWD Digital Daily. Signet Stock Tumbles Amid Soft Q4 Sales and Outlook The operator of Zales, Jared, Kay, Blue Nile, JamesAllen.com and other jewelry businesses …

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Signet Jewelers Stock Tumbles After Company Cuts Outlook On …

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1 day ago · Because of the results, Signet lowered its fourth-quarter sales estimate to $2.32 billion to $2.335 billion from the previous outlook of $2.38 to $2.46 billion.

investopedia.com

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SIG Trims Q4 Forecast Amid Lower-Than-Expected Holiday Results

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SIG Trims Q4 Guidance. Signet has adjusted its projections for the fourth quarter of fiscal 2025, signaling a tempered outlook. Total sales are now expected to range between $2.32 billion …

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Signet Stock Plunges On Underwhelming Results, Outlook Cut

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Dec 5, 2024 · It projected sales of $6.74 billion to $6.81 billion, down from its prior forecast of $6.66 billion to $7.02 billion, and adjusted EPS of $9.62 to $10.08, reduced from $9.90 to $11.52.

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Signet Jewelers Shares Tumble 15% On 3Q Sales Decline, FY25 …

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Dec 5, 2024 · Signet Jewelers shares tumbled 15% in premarket trading following lower sales in its latest quarter and a revised outlook for the fiscal year. Shares were trading around $84.44. …

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Signet Posts Strong Quarter, Stays Cautious For Q4 - WWD

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Dec 2, 2021 · Signet raised its revenue outlook for the year to $7.41 billion to $7.49 billion from $7.04 billion to $7.19 billion previously, and its operating income outlook for the year to $777 …

wwd.com

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Signet Jewelers Slides After Soft Holiday Sales Leads To Guidance Cut

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1 day ago · For Q4, Signet (NYSE:SIG) sees revenue of $2.32 billion to $2.34 billion, vs. $2.42 billion consensus. Total same-store sales are seen falling in a range of -2.5% to -2.0% …

seekingalpha.com

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Signet Stock Tumbles Amid Soft Q4 Sales And Outlook

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Fourth-quarter sales of $2.5 billion fell 6.3 percent, or $168.6 million, from the corresponding year-ago period. This includes $103.2 million of sales from a 53rd week in the last quarter, partially …

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FAQs about Signet Stock Tumbles Amid Soft Q4 Sales and Outlook Coupon?

Why did Signet Jewelers stock tumble 15% in premarket trading?

Signet Jewelers shares tumbled 15% in premarket trading following lower sales in its latest quarter and a revised outlook for the fiscal year. Shares were trading around $84.44. The stock is down 8% on the year. The jewelry retailer saw sales decline 3.1% to $1.35 billion from $1.39 billion. Analysts polled by FactSet expected $1.37 billion. ...

Is Signet a profitable stock?

Signet is reliably profitable, and the stock trades at a price-to-earnings ratio of less than 10, which is clearly value range in a market where the S&P 500 trades at a P/E of around 30. However, investors didn't like what they saw in Signet's latest report, as the stock was down 12% after the company reported third-quarter earnings on Thursday. ...

What happened to Signet Jewelers?

Signet Jewelers Limited SIG, the largest retailer of diamond jewelry globally, released its preliminary sales results for the 10 weeks ending Jan. 11, 2025, covering the holiday season. The company, which owns well-known brands like Jared, Zales and Kay Jewelers, experienced a decline in same-store sales during the holiday season. ...

Why did Signet Jewelers (SIG) drop in early trading?

Signet Jewelers Limited (NYSE: SIG) slumped in early trading on Tuesday after the company announced disappointing preliminary sales for the ten-week holiday shopping period that ended on January 11 and issued Q4 guidance. Same-store sales were down 2% year-over-year for the important holiday period. ...

What are Signet's forecasts for fiscal 2025?

Signet has adjusted its projections for the fourth quarter of fiscal 2025, signaling a tempered outlook. Total sales are now expected to range between $2.32 billion and $2.335 billion, down from the previously forecasted range of $2.38 billion to $2.46 billion. ...

Should you buy Signet Jewelers (SIG)?

If you're a value investor, there's a good chance Signet Jewelers (NYSE: SIG) has popped up on your radar. The company is the world's largest retailer of diamond jewelry, and it owns banners like Kay, Zales, and Jared. It operates in a mature industry, but its size gives it scale advantages. ...