Signet Jewelers (SIG) Reports Q1 Loss Per Share of $1.59

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Go back to Signet Jewelers (SIG) Reports Q1 Loss Per Share of $1.59

Signet Jewelers Reports Q1 Results And Accelerated Digital Focus

June 9, 2020 6:50 AM EDT

HAMILTON, Bermuda, June 9, 2020 /PRNewswire/ -- Signet Jewelers Limited ("Signet") (NYSE: SIG), the world's largest retailer of diamond jewelry, today announced its results for the 13 weeks ended May 2, 2020 ("first quarter Fiscal 2021"). As discussed below, results are preliminary due to a pending long-lived non-cash assets impairment review necessitated by the COVID-19 pandemic, and the impacts of that review on our financial statements.

First Quarter Fiscal 2021 Highlights

February same store sales ("SSS") positive low single digit. Q1 SSS down 38.9%1 reflecting the temporary closure of all stores beginning in late March... More