Investing.com - Signet Jewelers (NYSE:SIG) reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that was inline with expectations.
Signet Jewelers announced earnings per share of $2.68 on revenue of $1.75B. Analysts polled by Investing.com anticipated EPS of $2.59 on revenue of $1.75B.
Signet Jewelers shares are down 40% from the beginning of the year, still down 48.62% from its 52 week high of $111.92 set on November 22, 2021. 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 Home Depot on August 16, who reported EPS of $5.05 on revenue of $43.79B, compared to forecasts EPS of $4.95 on revenue of $43.36B.
Alibaba ADR had beat expectations on August 4 with third quarter EPS of $11.73 on revenue of $205.56B, compared to forecast for EPS of $10.7 on revenue of $203.47B.
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