SIG News

Signet (SIG) delivered earnings and revenue surprises of 5.76% and 1.48%, respectively, for the quarter ended January 2020. Do the numbers hold clues to what lies ahead for the stock?

Here are 5 stocks added to the Zacks Rank 5 (Strong Sell) List today

NEW YORK, NY / ACCESSWIRE / March 26, 2020 / Signet Jewelers Ltd. (NYSE:SIG) will be discussing their earnings results in their 2020 Fourth Quarter Earnings call to be held on March 26, 2020 at 8:30 AM ...

Shares of Signet Jewelers (NYSE: SIG) surged on Friday, after a trade publication reported that the company has reopened over 100 of its stores in states that have loosened coronavirus-related restrictions. Chart shows the change in price of Signet Jewelers' shares from March 1, 2020, through the market's close on May 8, 2020. It seems only fair to say this up front: It's not entirely clear, to me at least, what was driving Signet's huge gain on Friday.

Sonic Automotive Inc , which operates 95 U.S. car dealerships, started laying off and furloughing about a third of its workforce as the coronavirus pandemic crushed its sales. Then it changed its executives' pay packages - handing them a multimillion-dollar windfall. On April 10, Sonic's board gave its top executives stock options to replace performance-based share awards, regulatory filings show.

Sonic Automotive Inc, which operates 95 U.S. car dealerships, started laying off and furloughing about a third of its workforce as the coronavirus pandemic crushed its sales. Then it changed its executives' pay packages - handing them a multimillion-dollar windfall. On April 10, Sonic's board gave its top executives stock options to replace performance-based share awards, regulatory filings show.

Shares of Signet Jewelers (NYSE:SIG) rallied 20% in pre-market trading after the company reported Q4 results.Quarterly Results Earnings per share were down 7.32% year over year to $3.67, which beat the estimate of $3.47.Revenue of $2,153,000,000 lower by 0.09% from the same period last year, which beat the estimate of $2,120,000,000.Looking Ahead Signet Jewelers hasn't issued any earnings guidance for the time being.Signet Jewelers hasn't issued any revenue guidance for the time being.Details Of The Call Date: Mar 26, 2020View more earnings on SIGTime: 10:01 PM ETWebcast URL: https://78449.choruscall.com/dataconf/productusers/signet/mediaframe/36060/indexr.htmlTechnicals 52-week high: $31.4452-week low: $5.60Price action over last quarter: down 57.24%Company Profile Signet Jewelers Ltd is a retailer of diamond jewelry. Its merchandise mix includes bridal, fashion, watches and others. The bridal category includes engagement, wedding and anniversary purchases. Its segments are the Sterling Jewelers division, the Zale division, and the UK Jewelry division. The Sterling Jewelers division consists of the stores which operate in malls and off-mall locations as Kay and Jared. The division also operates mall-based regional brands and the JamesAllen.com website. The Zale division consists of the two reportable segment, Zale Jewelry, and Piercing Pagoda. The UK Jewelry division consists of the stores operating as H.Samuel and Ernest Jones. It has business operations in the US and other countries and derives key revenue from the Sterling Jewelers division.See more from Benzinga * 10 Consumer Cyclical Stocks Moving In Thursday's Pre-Market Session(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Signet (SIG) posts better-than-expected fourth-quarter fiscal 2020 results. However, management does not issue guidance for fiscal 2021.

Signet Jewelers Limited ("Signet") (NYSE:SIG), the world's largest retailer of diamond jewelry, today announced the appointment of Vincent ("Vinnie") Sinisi as Senior Vice President, Investor Relations. His appointment follows Signet's results ahead of expectations for the fourth quarter and Fiscal 2020.

Companies in the news are: BMY, WORK, SIG, FDS

Both retailers have closed stores in response to the coronavirus pandemic, but that hasn’t stopped insiders from buying up their beaten-down shares.

Signet Jewelers Ltd has reached a $240 million settlement of a shareholder lawsuit accusing the company of concealing sexual harassment allegations against senior executives and losses in its customer financing credit portfolio. The preliminary settlement of the proposed class action was filed on Thursday with the federal court in Manhattan, and requires approval by Chief Judge Colleen McMahon. Signet, whose brands include Jared, Kay Jewelers and Zales, also posted higher-than-expected operating profit and revenue in its fiscal fourth quarter ended Feb. 1, with same-store sales rising 2.3%.

Q4 2020 Signet Jewelers Ltd Earnings Call

Positive trends for COVID-19 coronavirus and plans for parts of the economy to reopen have these stocks rising.

On Thursday, March 26, Signet Jewelers (NYSE: SIG) will report its last quarter's earnings. Here is Benzinga's preview of the company's release.Earnings and Revenue Based on management's projections, Signet Jewelers analysts model for earnings of $3.47 per share on sales of $2.12 billion.Signet Jewelers EPS in the same period a year ago totaled $3.96. Revenue was $2.15 billion. If the company were to match the consensus estimate when it reports Thursday, EPS would have fallen 12.37%. Revenue would be down 1.62% from the same quarter last year. Here's how the Signet Jewelers's reported EPS has stacked up against analyst estimates in the past:View more earnings on SIG Quarter Q3 2020 Q2 2020 Q1 2020 Q4 2019 EPS Estimate -1.090 0.240 -0.220 3.82 EPS Actual -0.760 0.510 0.080 3.96 Stock Performance Over the last 52-week period, shares are down 74.83%. Given that these returns are generally negative, long-term shareholders are probably upset going into this earnings release.Analyst estimates are adjusted lower for EPS and revenues over the past 90 days. The popular rating by analysts on Signet Jewelers stock is a Neutral. The strength of this rating has maintained conviction over the past 90 days.Conference Call Don't be surprised to see the stock move on comments made during its conference call. Signet Jewelers is scheduled to hold the call at 8:30 a.m. ET and can be accessed here: https://78449.choruscall.com/dataconf/productusers/signet/mediaframe/36060/indexr.htmlSee more from Benzinga * A Preview Of Canadian Solar's Q4 Earnings * Q2 Earnings Preview: FactSet Research Systems * A Preview Of At Home Group's Q4 Earnings(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Signet Jewelers Limited ("Signet") (NYSE:SIG), the world's largest retailer of diamond jewelry, today announced its results for the 13 weeks ("fourth quarter Fiscal 2020") and 52 weeks ("Fiscal 2020") ended February 1, 2020.

Shares of jewelry-store operator Signet Jewelers (NYSE: SIG) were up for the third-consecutive session on Wednesday, as investors continued to cheer news that Simon Property Group (NYSE: SPG) will begin reopening its malls on Friday. Signet Jewelers' stock finished the day at $10.16, up 7.9% from Tuesday's closing price and up about 33.5% since the end of last week. Here's why Signet's stock has surged this week: Simon Property Group said on Monday that it will reopen 49 of its U.S. malls and outlet centers between May 1 and May 4, this Friday through Monday.

Coronavirus is probably the 1 concern in investors' minds right now. It should be. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW. We predicted that a US recession is imminent and US stocks will go down by at least 20% in the next 3-6 […]

"The downgrade reflects the risk to Signet's operating performance as it confronts the negative effects of Covid-19 and the potential for ongoing lower consumer demand," Moody's Vice President Christina Boni stated. The rapid and widening spread of the coronavirus outbreak, deteriorating global economic outlook, falling oil prices, and asset price declines are creating a severe and extensive credit shock across many sectors, regions and markets.

After beginning the week with a 33% rise, shares of retailer Signet Jewelers (NYSE: SIG) gave some of those gains back on Friday amid a broad sell-off of retail stocks. The drop came despite Signet announcing plans to begin reopening stores over the next week. Signet said on Friday that it will begin reopening some of its U.S. jewelry stores on Monday, as some state and local authorities begin to ease restrictions on nonessential businesses that were imposed in March to slow the spread of COVID-19.