Signet Jewelers Continues To Expect FY24 Total Sales Of $7.10B-$7.30B (Est. $7.18B); Boosts EPS Outlook From $9.49-$10.09 To $9.55-$10.14 (Est. $9.42)
Portfolio Pulse from Benzinga Newsdesk
Signet Jewelers has reaffirmed its FY24 total sales forecast of $7.10B-$7.30B, which is in line with the estimated $7.18B. The company has also increased its EPS outlook from $9.49-$10.09 to $9.55-$10.14, surpassing the estimated $9.42.
August 31, 2023 | 11:00 am
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Signet Jewelers has reaffirmed its FY24 sales forecast and raised its EPS outlook, both in line with or surpassing estimates. This could potentially boost investor confidence and positively impact the company's stock price in the short term.
Signet Jewelers' reaffirmation of its sales forecast and the increase in its EPS outlook, both in line with or surpassing estimates, indicates strong financial performance. This could boost investor confidence and lead to a positive impact on the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100