Signet (NYSE: SIG) reported second-quarter 2021 financial before after the opening bell on Thursday. The company reported a 35% decrease in Q2 revenues to $888 million, beating Wall Street consensus. Adjusted loss of $1.13 per share was also narrower than what analysts had anticipated.
SIG shares rose 5% immediately following the announcement. The stock has traded almost flat since the beginning of this year.
CEO Virginia C. Drosos said, “In the second quarter, we served more than 300,000 customers through virtual consultations which achieved higher than historical conversion rates. We also increased our eCommerce distribution throughput five-fold and will continue to invest in digital capabilities to accelerate growth and position Signet to gain market share.”
Prior performance
Most Popular
Wells Fargo (WFC) Q3 2024 Earnings: Key financials and quarterly highlights
Wells Fargo & Company (NYSE: WFC) reported its third quarter 2024 earnings results today. Total revenue decreased 2% year-over-year to $20.4 billion. Net income dropped 11% to $5.1 billion and
Important takeaways from Domino’s Pizza’s (DPZ) Q3 2024 report
Domino’s Pizza, Inc. (NYSE: DPZ) reported mixed results for the third quarter of 2024, with earnings beating and revenues slightly missing estimates. The company has been able to improve its
Main takeaways from Delta Air Lines’ (DAL) Q3 2024 earnings report
Shares of Delta Air Lines (NYSE: DAL) stayed red on Thursday after the company delivered mixed results for the third quarter of 2024. Earnings missed expectations while revenue came in
