BMG812761002 - Common Stock
SIG earnings call for the period ending September 30, 2024.
On Thursday, Signet Jewelers Ltd (NYSE:SIG) stock plunged after the company reported its fiscal third-quarter 2025 earnings. Signet reported a sales decline of 3.1% year-on-year to $1.35 billion, missing the analyst consensus estimate of $1.37 billion. Adjusted EPS of $0.24 missed the analyst consensus estimate of $0.33. Also Read: Mastercard Settles UK Antitrust Lawsuit For $250 Million Overall same-store sales fell 0.7% in the quarter. North American Same-store sales for the segment decreased
As we await the opening of the US market on Thursday, let's delve into the pre-market session and discover the top gainers and losers shaping the early market sentiment.
In a welcome move, Signet Jewelers tock saw its Relative Strength (RS) Rating rise from 67 to 72 on Friday.
On top of its earlier gains, the stock just jumped 11% on earnings.
SIG earnings call for the period ending June 30, 2024.
Signet hopped over a low bar in its second-quarter earnings report.
Shares of Signet Jewelers Ltd. surged after the company said sales of its engagement jewelry are up, a sign that a crucial part of its business is recovering as more couples agree to wed following a pandemic lull.