Signet Jewelers beats by $0.04, beats on revs; raises FY19 EPS and revs guidance
- Reports Q3 (Oct) loss of $1.06 per share, $0.04 better than the S&P Capital IQ Consensus of ($1.10); revenues rose 3.0% year/year to $1.19 bln vs the $1.16 bln S&P Capital IQ Consensus.
- Q3 Same store sales up 1.6% versus prior-year quarter
- Co raises guidance for FY19, sees EPS of $4.15-4.40 vs. $4.24 S&P Capital IQ Consensus, up from prior guidance of $4.15-4.40; sees FY19 revs of $6.26-6.31 vs. $6.27 bln S&P Capital IQ Consensus, up from prior guidance of $6.2-6.3 billion.
- Co raises SSS guidance to flat - +1.0%, up from prior guidance of (1.5%) - flat
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