Signet Jewelers Reaffirms April Increase To FY25 Outlook; Sees Total Sales $6.66B - $7.02B (Est $6.836B), Same Store Sales (4.5)% To +0.5%, Adj EPS $9.90 - $11.52 (Est $10.55)
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Signet Jewelers has reaffirmed its FY25 outlook, projecting total sales between $6.66 billion and $7.02 billion, which is in line with estimates. The company also expects same-store sales to range from a decline of 4.5% to an increase of 0.5%, and adjusted EPS between $9.90 and $11.52, compared to the estimated $10.55.
June 13, 2024 | 11:01 am
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Signet Jewelers has reaffirmed its FY25 outlook, projecting total sales between $6.66 billion and $7.02 billion, which is in line with estimates. The company also expects same-store sales to range from a decline of 4.5% to an increase of 0.5%, and adjusted EPS between $9.90 and $11.52, compared to the estimated $10.55.
The reaffirmation of the FY25 outlook by Signet Jewelers, with projections in line with estimates, is likely to have a positive short-term impact on the stock price. The guidance on total sales, same-store sales, and adjusted EPS provides a clear financial outlook, which can boost investor confidence.
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