Signet Jewelers Expects Q2 Total Sales Of $1.46B - $1.52B (Est $1.508B), Same Store Sales Decline Of (6)% - (2)%
Portfolio Pulse from Benzinga Newsdesk
Signet Jewelers expects Q2 total sales to range between $1.46 billion and $1.52 billion, slightly below the estimated $1.508 billion. The company also anticipates a same-store sales decline of 2% to 6%.
June 13, 2024 | 10:56 am
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Signet Jewelers expects Q2 total sales to be slightly below estimates, with a projected range of $1.46 billion to $1.52 billion. Additionally, the company anticipates a same-store sales decline of 2% to 6%, which may negatively impact investor sentiment.
The projected sales range is slightly below the estimated $1.508 billion, and the anticipated same-store sales decline of 2% to 6% could lead to negative investor sentiment and a potential short-term decline in stock price.
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