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UPDATE: Signet Posts Drop In Q2 Net Profit

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Signet Jewelers (NYSE: SIG) reported a drop in its second-quarter net profit.

Signet's quarterly total sales increased 3.1% to $880.2 million, while same-store sales rose 3.6%.

Its quarterly net income declined to $67.4 million, or $0.84 per share, from $70.7 million, or $0.85 per share.

Signet shares fell 1.33% to $68.90 in pre-market trading.

Posted-In: profitEarnings News


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