** Shares of Signet Jewelers SIG.N down ~21% at $58.50 premarket
** Co cuts Q4 sales and operating income forecasts owing to tepid holiday demand as well as higher promotions hitting margins
** Expects quarterly sales to be in the range of $2.320 bln to $2.335 bln vs prior forecast of $2.38 bln to $2.46 bln
** SIG lowers Q4 same-store sales outlook; now expects it to be down 2.5% to 2% compared with previous year vs prior range of flat to 3% rise
** Expects adj. operating income to be between $337 mln and $347 mln compared with earlier forecast of $397 mln to $427 mln
** Fashion gifting underperformed as consumers gravitated to lower price points even more than anticipated in a continued competitive environment - CFO Joan Hilson
** SIG fell about 25% in 2024
(Reporting by Anuja Bharat Mistry in Bengaluru)
((AnujaBharat.Mistry@thomsonreuters.com))
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。