Signet Jewelers (NYSE:SIG) announced its earnings results on Wednesday. The company reported $2.23 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.27 by $0.96, MarketWatch Earnings reports. Signet Jewelers had a negative net margin of 0.32% and a positive return on equity of 13.68%. The firm had revenue of $1.69 billion for the quarter, compared to analyst estimates of $1.62 billion. During the same quarter in the prior year, the business posted ($1.59) EPS. The business’s revenue was up 98.2% compared to the same quarter last year.
NYSE:SIG traded up $3.21 on Friday, hitting $72.79. The company had a trading volume of 37,861 shares, compared to its average volume of 1,061,931. Signet Jewelers has a 52 week low of $9.70 and a 52 week high of $74.80. The company has a quick ratio of 0.78, a current ratio of 1.79 and a debt-to-equity ratio of 0.12. The stock has a market cap of $3.81 billion, a PE ratio of -51.50 and a beta of 2.61. The company’s 50 day moving average price is $61.29.
The business also recently declared a quarterly dividend, which will be paid on Friday, August 27th. Investors of record on Friday, July 30th will be issued a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a dividend yield of 0.99%. The ex-dividend date of this dividend is Thursday, July 29th.
About Signet Jewelers
Signet Jewelers Limited engages in the retail sale of diamond jewelry, watches, and other products. It operates through three segments: North America, International, and Other. The North America segment operates jewelry stores in malls and off-mall locations primarily under the Kay Jewelers, Kay Jewelers Outlet, Jared The Galleria Of Jewelry, Jared Vault, Zales Jewelers, Zales Outlet, Piercing Pagoda, and Peoples Jewellers, as well as operates online through JamesAllen.com.
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