Signet (SIG) Surpasses Q2 Earnings Estimates
Signet Jewelers reported quarterly earnings of $2.19 per share, significantly beating the consensus estimate of $1.69 and surpassing year-ago earnings of $1.61. However, revenues of $1.53 billion slightly missed expectations. The company received a Zacks Rank #3 (Hold) rating, suggesting near-term performance in line with the market. Signet has underperformed the S&P 500 by 12.4% year-to-date.