Signet Jewelers down after Q4 same store sales forecast below estimates

Signet Jewelers

02/12/2025 12:53

** Shares of diamond retailer Signet Jewelers SIG.N down 4.1% at $91.74 premarket

** Co forecasts Q4 same store sales in the range of a fall of 5% to a rise of 0.5%, the mid-point of which is below analyst estimates of a 0.78% rise - data compiled by LSEG

** Expects annual sales forecast in the range of $6.70 to $6.83 billion compared to previous projection of $6.67 to $6.82 billion

** Says FY26 outlook includes tariff impacts on holiday receipts

** Q3 adjusted EPS of 63 cents beats estimates of 29 cents

** Posts Q3 revenue of $1.39 billion beats estimates of $1.37 billion

** As of last close, stock up 18.6% YTD

 (Reporting by Koyena Das)

 ((Koyena.das@thomsonreuters.com))