Signet Jewelers Limited Declares Dividend for the Fourth Quarter of Fiscal 2015, Payable on February 26, 2015; Reports Sales Results for the Eight Weeks Ended December 27, 2014; Reaffirms Earnings Guidance for the Fourth Quarter and Full Year of Fiscal 2015
January 08, 2015 at 05:30 pm IST
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Signet Jewelers Limited declared a quarterly cash dividend of $0.18 per Signet Common Share has been declared for the fourth quarter of Fiscal 2015, payable on February 26, 2015 to shareholders of record on January 30, 2015, with an ex-dividend date of January 29, 2015.
Signet Jewelers Limited reported sales results for the eight weeks ended December 27, 2014. For the period, the company reported sales of $1,854.4 million. The company reported same store sales of 3.6%.
The company reaffirmed earnings guidance for the fourth quarter and full year of fiscal 2015. For the fourth quarter, the company expects same store sales of 3.0% to 4.0%, EPS of $2.69 - $2.83 and adjusted EPS of $2.95 - $3.05. Adjusted EPS are expected to be favorably impacted by Zale operations in the fourth quarter of fiscal 2015 by $0.36 to $0.40.
For the full year of fiscal 2015, the company expects EPS of $4.59 - $4.72, adjusted EPS of $5.51 - $5.61, effective tax rate of 29.3% and capital expenditures of $230 million - $240 million reduced from $240 million to $250 million. Adjusted EPS are expected to be favorably impacted by Zale operations in fiscal 2015 by $0.20 to $0.24.
Signet Jewelers Ltd is a Bermuda-based holding company. The Company is a retailer of diamond jewelry. Its segments include North America, International and Other. The North America segment operates across the United States and Canada. Its United States stores operate nationally in malls and off-mall locations, as well as online, principally as Kay (Kay Jewelers and Kay Outlet), Zales (Zales Jewelers and Zales Outlet), Jared (Jared The Galleria Of Jewelry and Jared Vault), Diamonds Direct, Banter by Piercing Pagoda, Rocksbox, and digital banners, James Allen and Blue Nile. Its Canadian stores operate as Peoples Jewellers. The International segment operates stores in the United Kingdom, Republic of Ireland and Channel Islands, as well as online. Its stores operate in shopping malls and off-mall locations principally under the H. Samuel and Ernest Jones banners. Other segment consists of subsidiaries involved in the purchasing and conversion of rough diamonds to polished stones.
Signet Jewelers Limited Declares Dividend for the Fourth Quarter of Fiscal 2015, Payable on February 26, 2015; Reports Sales Results for the Eight Weeks Ended December 27, 2014; Reaffirms Earnings Guidance for the Fourth Quarter and Full Year of Fiscal 2015