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Signet Jewelers Ltd (SIG.N)

SIG.N on New York Stock Exchange

58.51USD
16 Oct 2018
Change (% chg)

$0.65 (+1.12%)
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Volume
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Latest Key Developments (Source: Significant Developments)

Signet Jewelers Ltd - CFO Michele Santana Is Leaving The Company
Thursday, 30 Aug 2018 

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 

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 

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 

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 

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

TransDigm Announces Kevin Stein As President And CEO
Monday, 30 Apr 2018 

April 30 (Reuters) - TransDigm Group Inc ::TRANSDIGM ANNOUNCES KEVIN STEIN AS PRESIDENT AND CEO AND W. NICHOLAS HOWLEY AS EXECUTIVE CHAIRMAN, APPOINTMENT OF NEW BOARD MEMBERS.TRANSDIGM GROUP INC - AS PART OF ORGANIZATIONAL CHANGE, STEIN AND HOWLEY HAVE BOTH MODIFIED AND EXTENDED THEIR EMPLOYMENT AGREEMENTS THROUGH 2024.TRANSDIGM GROUP INC - STEIN AND HOWLEY HAVE BOTH MODIFIED AND EXTENDED THEIR EMPLOYMENT AGREEMENTS THROUGH 2024.  Full Article

Take-Two, SVB To Switch With Signet, Patterson In S&P 500
Friday, 9 Mar 2018 

March 9 (Reuters) - S&P Dow Jones Indices::S&P DOW JONES INDICES SAYS TAKE-TWO INTERACTIVE SOFTWARE, SVB FINANCIAL WILL SWITCH PLACES WITH SIGNET JEWELERS & PATTERSON COS RESPECTIVELY IN S&P 500.‍S&P DOW JONES INDICES SAYS S&P SMALLCAP 600 CONSTITUENT NEKTAR THERAPEUTICS WILL REPLACE CHESAPEAKE ENERGY CORP IN S&P 500​‍​.  Full Article

Signet Jewelers Says CFPB Is Considering Recommending Legal Action Against Co
Friday, 1 Dec 2017 

Dec 1 (Reuters) - Signet Jewelers Ltd ::SIGNET JEWELERS - ON SEPT 6, CFPB NOTIFIED CO THAT, CFPB'S OFFICE OF ENFORCEMENT IS CONSIDERING RECOMMENDING THAT CFPB TAKE LEGAL ACTION AGAINST CO.SHARES OF SIGNET JEWELERS DOWN 0.9 PERCENT IN EXTENDED TRADE.SIGNET JEWELERS SAYS CFPB NOTIFIED CO , IN ACCORDANCE WITH CFPB’S DISCRETIONARY NOTICE AND OPPORTUNITY TO RESPOND AND ADVISE PROCESS - SEC FILING.SIGNET JEWELERS LTD - ON SEPT 27, CO SUBMITTED RESPONSE TO NORA LETTER TO THE CFPB, WHICH STATED ITS BELIEF THAT THE "POTENTIAL CLAIMS LACK MERIT ".SIGNET JEWELERS LTD -THE ATTORNEY GENERAL FOR THE STATE OF NEW YORK IS INVESTIGATING CO UNDER ITS JURISDICTION.SIGNET JEWELERS LTD - CURRENTLY UNABLE TO PREDICT TIMING/ OUTCOME OF THE NORA PROCESS OR NYAG INVESTIGATION.SIGNET JEWELERS LTD SAYS "NO POSSIBLE LOSS OR RANGE OF LOSSES, IF ANY, ARISING FROM THE INVESTIGATIONS IS ABLE TO BE ESTIMATED".  Full Article

Signet Jewelers Q3 loss per share $0.20
Tuesday, 21 Nov 2017 

Nov 21 (Reuters) - Signet Jewelers Ltd ::Signet Jewelers reports third quarter financial results.Q3 loss per share $0.20.Q3 earnings per share view $0.10 -- Thomson Reuters I/B/E/S.Sees FY 2018 earnings per share $6.10 to $6.50.Qtrly ‍same store sales down 5.0%​.Revised fiscal 2018 guidance to reflect impact of credit outsourcing disruptions​.Now expects fiscal 2018 same-store-sales to be down a mid single-digit percentage​.Qtrly ‍sales $1,156.9 million versus $1,186.2​ million.Sees 2018 ‍capital expenditures in range of $245 million to $260 million​.Q3 revenue view $1.17 billion -- Thomson Reuters I/B/E/S.Quarter-end net inventories were $2,466.1 million, down 6.9% at prior year quarter-end​.For 2018, co expects net store closures of about 125 stores, consisting of about 90 to 100 store openings & about 215 to 225 closures​.  Full Article

Signet Jewelers completes and Genesis enter into five-year servicing agreement​
Monday, 23 Oct 2017 

Oct 23 (Reuters) - Signet Jewelers Ltd :Signet Jewelers completes first phase of strategic outsourcing of credit portfolio.Signet Jewelers Ltd - ‍received $960 million of proceeds from sale of its prime-only accounts receivable to alliance data​.Signet Jewelers Ltd - ‍implemented a lease-purchase program in partnership with progressive leasing across its u.s. stores​.Signet Jewelers Ltd - ‍signet and Genesis have entered into a five-year servicing agreement​.Signet Jewelers-‍genesis to give credit servicing functions for signet's existing non-prime accounts receivable & future non-prime account originations​.Signet Jewelers-‍as part of deal, nearly all existing signet team members supporting credit operations transferred to alliance data or genesis​.Signet Jewelers Ltd sees ‍net impact from outsourcing credit portfolio​ of negative $0.16 on EPS for FY 2018.Signet Jewelers-total transaction costs related to legal, advisory, implementation and retention expense were $36 million for the full year fiscal 2018.  Full Article

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