Reports Q3 revenue $1.58B, consensus $1.5B. Reports Q3 SSS down 7.6%. "Our strong third quarter results exceeded guidance and evidence why we believe Signet is uniquely positioned to deliver consistent market share growth and value creation," said Virginia C. Drosos, CEO. "Our financial strength and flexible operating model are enabling continued strategic investments that are widening our competitive advantages. We have acquired 22.5 million new customers over the past five years, driving revenue and market share growth, and these customers are younger, more affluent and highly diverse with meaningful lifetime purchasing power. Our team’s culture of innovation, agility and rigorous execution continue to drive advantage."
Published first on TheFly
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