UPDATE: Signet Posts Drop In Q2 Net Profit
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.
© 2015 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.