Friday, 17 March 2023

Key highlights from Signet Jewelers’ (SIG) Q4 2023 earnings results

by Berkeley Lovelace

Signet Jewelers Limited (NYSE: SIG) reported fourth quarter 2023 earnings results today.

Key highlights from Signet Jewelers’ (SIG) Q4 2023 earnings results

Total sales decreased 5.2% year-over-year to $2.7 billion. Same-store sales declined 9.1%.

Net income attributable to common shareholders was $268.7 million, or $5.02 per share, compared to $305.7 million, or $4.91 per share, last year. Adjusted EPS was $5.52.

Both sales and earnings beat estimates.

The company expects total sales of $1.62-1.65 billion for the first quarter of 2024.

The post Key highlights from Signet Jewelers’ (SIG) Q4 2023 earnings results first appeared on AlphaStreet.

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