Investing.com - Signet Jewelers reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Signet Jewelers announced earnings per share of €2.7 on revenue of €1.77B. Analysts polled by Investing.com anticipated EPS of €2.54 on revenue of €1.74B.
Signet Jewelers shares are down 57% from the beginning of the year and are trading at €57.950 , down-from-52-week-high.They are under-performing the Nasdaq which is down 24.67% from the start of the year.
Signet Jewelers follows other major Consumer Discretionary sector earnings this month
Signet Jewelers's report follows an earnings beat by Qingdao Haier on Monday, who reported EPS of €0.0682 on revenue of €8.94B, compared to forecasts EPS of €0.0622 on revenue of €8.86B.
Adidas had beat expectations on August 4 with second quarter EPS of €1.88 on revenue of €5.6B, compared to forecast for EPS of €1.77 on revenue of €5.59B.
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