>>> Signet Jewelers beats by $0.13, beats on revs; guides Q3 EPS in-line

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Signet Jewelers beats by $0.13, beats on revs; guides Q3 EPS in-line

Reports Q2 (Jul) earnings of $1.28 per share, $0.13 better than the Capital IQ Consensus Estimate of $1.15; revenues rose 15.1% year/year to $1.41 bln vs the $1.39 bln consensus.
  • Same store sales increased 4.2% compared to an increase of 4.8% in the 13 weeks ended August 2, 2014 driven by positive sales performance across all national store brands.
Guidance
Co issues in-line guidance for Q3, sees EPS of $0.36-0.40 vs. $0.37 Capital IQ Consensus Estimate.
  • Co sees Q3 Same store sales +3-4%