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Signet Jewelers Ltd (SIG)

SIG on New York Consolidated

17.97USD
14 Jun 2019
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Latest Key Developments (Source: Significant Developments)

Signet Jewelers Reports Q4 Gaap Loss Per Share Of $2.25
Wednesday, 3 Apr 2019 06:50am EDT 

April 3 (Reuters) - Signet Jewelers Ltd ::SIGNET JEWELERS REPORTS FOURTH QUARTER AND FISCAL 2019 RESULTS.Q4 NON-GAAP EARNINGS PER SHARE $3.96.Q4 GAAP LOSS PER SHARE $2.25.Q4 SAME STORE SALES FELL 2 PERCENT.Q4 EARNINGS PER SHARE ESTIMATE $3.82 -- REFINITIV IBES DATA.SEES FY 2020 NON-GAAP EARNINGS PER SHARE $2.87 TO $3.45.SEES FY 2020 GAAP EARNINGS PER SHARE $1.86 TO $2.66.MAINTAINS QUARTERLY DIVIDEND AT $0.37 PER SHARE.SEES FISCAL 2020 GUIDANCE FOR SAME STORE SALES DOWN 2.5% TO FLAT.DID NOT FINISH YEAR AS STRONGLY AS EXPECTED.SIGNET JEWELERS SAYS "WE DID NOT FINISH YEAR AS STRONGLY AS EXPECTED DUE TO A HIGHLY COMPETITIVE PROMOTIONAL ENVIRONMENT".SIGNET JEWELERS - SEES FISCAL 2020 GUIDANCE FOR TOTAL SALES OF $6.0 BILLION - $6.1 BILLION.SIGNET JEWELERS SAYS DID NOT FINISH YEAR AS STRONGLY AS EXPECTED DUE TO A COMPETITIVE PROMOTIONAL ENVIRONMENT, CONTINUED CONSUMER WEAKNESS IN UK.SEES Q1 SAME STORE SALES DOWN 1.5% - DOWN 0.5%.SEES Q1 TOTAL SALES $1.42 BILLION - $1.44 BILLION.SIGNET JEWELERS-CONTINUED CONSUMER WEAKNESS IN UK, LOWER THAN EXPECTED CUSTOMER DEMAND FOR LEGACY MERCHANDISE COLLECTIONS IMPACTED HOLIDAY Q4 RESULTS.LOWER THAN EXPECTED CUSTOMER DEMAND FOR LEGACY MERCHANDISE COLLECTIONS IMPACTED HOLIDAY Q4 RESULTS.RECORDED A NON-CASH GOODWILL AND INTANGIBLE ASSET IMPAIRMENT PRE-TAX CHARGE OF $286.7 MILLION IN Q4.SEES Q1 NON-GAAP DILUTED LOSS PER SHARE $0.28 - $0.17.  Full Article

Signet Jewelers Says Joan Hilson Appointed CFO
Wednesday, 13 Mar 2019 08:30am EDT 

March 13 (Reuters) - Signet Jewelers Ltd ::SIGNET JEWELERS ANNOUNCES CFO, STRENGTHENED LEADERSHIP STRUCTURE TO SUPPORT PATH TO BRILLIANCE TRANSFORMATION PLAN.SAYS JOAN M. HILSON APPOINTED CFO.HILSON WILL BE APPOINTED CFO EFFECTIVE APRIL 4, 2019, SUCCEEDING CURRENT CFO MICHELE SANTANA.JAMIE L. SINGLETON, CURRENTLY EXECUTIVE VICE PRESIDENT (EVP) ZALES AND PEOPLES, IS PROMOTED TO PRESIDENT KAY, ZALES, AND PEOPLES.BILL LUTH, PREVIOUSLY EVP KAY, HAS BEEN NAMED EVP, GLOBAL STORE OPERATIONS, WITH GLOBAL RESPONSIBILITY FOR STORE OPERATIONS.CHANGES WILL HAVE NO IMPACT ON SIGNET'S EXTERNAL FINANCIAL REPORTING STRUCTURE.  Full Article

Signet Jewelers Ltd Intends To Announce Its Q4 And FY2019 Financial Results At Approximately 700 A.M. ET On April 3, 2019
Thursday, 7 Feb 2019 06:50am EST 

Feb 7 (Reuters) - Signet Jewelers Ltd ::SIGNET JEWELERS LTD - INTENDS TO ANNOUNCE ITS Q4 AND FULL YEAR FISCAL 2019 FINANCIAL RESULTS AT APPROXIMATELY 7:00 A.M. ET ON WEDNESDAY, APRIL 3, 2019.SIGNET JEWELERS LTD - CHANGE IN DATES TO ALLOW TIME TO COMPLETE ITS ANALYSIS OF POTENTIAL NON-CASH IMPAIRMENT CHARGE FOR Q4.SIGNET JEWELERS LTD - DOES NOT EXPECT THE IMPAIRMENT CHARGE TO AFFECT ITS LIQUIDITY OR AFFECT CASH FLOWS FROM OPERATING ACTIVITIES..  Full Article

Signet Jewelers Sees Q4 Total Sales $2.14 - $2.16 Billion
Thursday, 17 Jan 2019 06:50am EST 

Jan 17 (Reuters) - Signet Jewelers Ltd ::SIGNET JEWELERS REPORTS FISCAL 2019 HOLIDAY SEASON SALES.SAME STORE SALES DOWN 1.3% FOR 9 WEEKS ENDED JANUARY 5, 2019.REVISES Q4 GUIDANCE TO SAME STORE SALES DOWN 1.6% - DOWN 2.5%.REVISES FISCAL 2019 GUIDANCE TO SAME STORE SALES APPROXIMATELY FLAT.SEES Q4 GAAP EPS OF $2.32 - $2.53.SEES Q4 NON-GAAP EPS OF $3.77 - $3.92.REVISES FISCAL 2019 GUIDANCE TO GAAP LOSS PER SHARE OF $8.16 - $7.93.SEES FY 2019 TOTAL SALES $6.24 BILLION TO $6.26 BILLION.REVISES FISCAL 2019 GUIDANCE TO NON-GAAP EPS OF $3.53 - $3.69.FISCAL 2019 GAAP EPS GUIDANCE NOW INCLUDES $0.20 CHARGE RELATED TO RESOLUTION OF PREVIOUSLY DISCLOSED REGULATORY MATTER.HOLIDAY SEASON PERFORMANCE "FELL SHORT OF OUR EXPECTATIONS".SEES Q4 TOTAL SALES $2.14 - $2.16 BILLION.Q4 EARNINGS PER SHARE VIEW $4.43, REVENUE VIEW $2.20 BILLION -- REFINITIV IBES DATA.SIGNET JEWELERS - EXPERIENCED REDUCED TRAFFIC DURING KEY DECEMBER GIFTING WEEKS.ECOMMERCE SALES IN HOLIDAY SEASON WERE $222.3 MILLION, UP 5.6% YEAR OVER YEAR.CONTINUES TO EXPECT NET SAVINGS OF $200 MILLION TO $225 MILLION IN FISCAL YEARS 2019-2021.SEES INTEREST EXPENSE OF APPROXIMATELY $40 MILLION FOR 2019.SEES NEGATIVE OPERATING PROFIT IMPACT OF $146 MILLION - $150 MILLION FOR 2019.  Full Article

Signet Jewelers Says Unit Reached Settlement And Entered Into Consent Order With CFPB and NY AG
Wednesday, 16 Jan 2019 09:11am EST 

Jan 16 (Reuters) - Signet Jewelers Ltd ::SIGNET JEWELERS - UNIT REACHED SETTLEMENT AND ENTERED INTO CONSENT ORDER WITH CFPB AND NY AG.SIGNET JEWELERS SAYS RELATING TO SETTLEMENT, CO WILL RECOGNIZE RELATED $11 MILLION PRE-TAX CHARGE IN Q4 ENDING FEBRUARY 2, 2019 - SEC FILING.SIGNET JEWELERS LTD - PURSUANT TO CONSENT ORDER, UNIT WILL PAY CIVIL MONEY PENALTIES OF $10 MILLION TO CFPB AND $1 MILLION TO NY AG.  Full Article

Signet Jewelers Ltd - CFO Michele Santana Is Leaving The Company
Thursday, 30 Aug 2018 07:13am EDT 

Aug 30 (Reuters) - Signet Jewelers Ltd ::SIGNET JEWELERS LTD - SIGNET JEWELERS LIMITED ANNOUNCED THAT MICHELE SANTANA, CHIEF FINANCIAL OFFICER (“CFO”), IS LEAVING THE COMPANY.SIGNET JEWELERS LTD - MICHELE SANTANA WILL STAY IN HER CURRENT ROLE AS CFO UNTIL A SUCCESSOR IS FOUND - SEC FILING.  Full Article

Signet Jewelers Reports Q2 Non-Gaap EPS $0.52
Thursday, 30 Aug 2018 06:50am EDT 

Aug 30 (Reuters) - Signet Jewelers Ltd ::SIGNET JEWELERS REPORTS SECOND QUARTER FISCAL 2019 FINANCIAL RESULTS.Q2 NON-GAAP EARNINGS PER SHARE $0.52.Q2 GAAP LOSS PER SHARE $0.56.Q2 EARNINGS PER SHARE VIEW $0.20 -- THOMSON REUTERS I/B/E/S.SIGNET JEWELERS - QTRLY REVENUE $1,420.1 MILLION VERSUS $1,399.6 MILLION.Q2 REVENUE VIEW $1.34 BILLION -- THOMSON REUTERS I/B/E/S.SIGNET JEWELERS - QTRLY SAME STORE SALES UP 1.7% VERSUS PRIOR YEAR QUARTER.SEES FY 2019 NON-GAAP EARNINGS PER SHARE $4.05 TO $4.40.SEES FISCAL 2019 GAAP LOSS PER SHARE OF $7.47 -$7.09.RAISING 2019 GUIDANCE TO SAME STORE SALES OF DOWN 1.5% TO FLAT, TOTAL SALES OF $6.2 BILLION-$6.3 BILLION.QUARTER-END NET INVENTORIES WERE $2.4 BILLION, UP 3.6% COMPARED TO $2.3 BILLION AT PRIOR YEAR QUARTER-END.PLANS TO CLOSE MORE THAN 200 STORES IN FISCAL 2019.SIGNET JEWELERS SEES 2019 TOTAL SALES $6.2 BILLION TO $6.3 BILLION.IN FISCAL 2019, CONTINUES TO EXPECT NET COSTS SAVINGS OF $85 MILLION - $100 MILLION.MAJORITY OF 2019 SAVINGS EXPECTED TO BE REALIZED IN H2.SIGNET JEWELERS - SEES Q3 GAAP DILUTED LOSS PER SHARE OF $0.81 TO LOSS PER SHARE OF $0.70.SIGNET JEWELERS - SEES Q3 SAME STORE SALES (EXCLUDES IMPACT OF REVENUE RECOGNITION CHANGES) DOWN 1.5% TO FLAT.SIGNET JEWELERS - SEES Q3 NON-GAAP DILUTED LOSS PER SHARE OF $1.23 TO LOSS PER SHARE OF $1.08.SIGNET JEWELERS - SEES Q3 TOTAL SALES $1.15 BILLION TO $1.17 BILLION.  Full Article

Signet Jewelers Completes Strategic Outsourcing Of Credit Portfolio
Monday, 2 Jul 2018 06:50am EDT 

July 2 (Reuters) - Signet Jewelers Ltd ::SIGNET JEWELERS COMPLETES STRATEGIC OUTSOURCING OF CREDIT PORTFOLIO.SIGNET JEWELERS LTD - CONTINUES TO EXPECT $475 MILLION IN SHARE REPURCHASES IN FISCAL 2019.  Full Article

Signet Jewelers To Join Pilot Of De Beers Group-Led Blockchain Platform, Tracr
Thursday, 24 May 2018 05:42am EDT 

May 24 (Reuters) - DE BEERS GROUP - :SIGNET JEWELERS TO JOIN PILOT OF DE BEERS GROUP-LED BLOCKCHAIN PLATFORM, TRACR.SIGNET PROJECT TEAM WILL WORK ALONGSIDE TRACR TEAM TO ENSURE THE PLATFORM MEETS THE NEEDS OF JEWELLERY MANUFACTURE AND RETAIL SECTORS.  Full Article

Alliance Data Systems Says Expanded Relationship With Signet Jewelers Conversant & Epsilon To Provide Digital Marketing Capabilities, Data Services
Tuesday, 22 May 2018 07:30am EDT 

May 22 (Reuters) - Alliance Data Systems Corp ::ALLIANCE DATA SYSTEMS - EXPANDED RELATIONSHIP WITH SIGNET JEWELERS; CONVERSANT & EPSILON TO PROVIDE DIGITAL MARKETING CAPABILITIES, DATA SERVICES.  Full Article

Judge denies Signet's second bid to toss sex harassment securities claims

A federal judge in Manhattan on Tuesday rejected Signet Jewelers Ltd's claims that its stated commitment to preventing sexual harassment was mere "puffery" that could not be used to support fraud claims by investors who say the company concealed a culture of pervasive harassment against women.