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BRIEF-Signet Jewelers Reports First Quarter Fiscal 2023 Results

reuters.com · 06/09/2022 07:33
BRIEF-Signet Jewelers Reports First Quarter Fiscal 2023 Results

- Signet Jewelers Ltd SIG:

  • SIGNET JEWELERS REPORTS FIRST QUARTER FISCAL 2023 RESULTS

  • Q1 NON-GAAP EARNINGS PER SHARE $2.86

  • Q1 GAAP LOSS PER SHARE $1.89

  • REAFFIRMS FULL YEAR GUIDANCE ON CONFIDENCE IN SUSTAINABLE AND AGILE OPERATING STRUCTURE

  • $318 MILLION OF SHARE REPURCHASES COMPLETED IN Q1 AND AUTHORIZATION EXPANDED BY $500 MILLION

  • QTRLY TOTAL SALES WERE $1.8 BILLION, UP $149.5 MILLION OR 8.9% TO Q1 OF FY22

  • QUARTER-END INVENTORY WAS $2.2 BILLION, UP APPROXIMATELY $200 MILLION TO Q1 LAST YEAR

  • Q1 EARNINGS PER SHARE VIEW $2.38, REVENUE VIEW $1.80 BILLION -- REFINITIV IBES DATA

  • FY2023 EARNINGS PER SHARE VIEW $11.81, REVENUE VIEW $7.99 BILLION -- REFINITIV IBES DATA

Source text for Eikon: ID:nPn9b8BmRa

Further company coverage: SIG


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