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Signet Jewelers Q3 Earnings Guidance Weak, Shares Fall Sharply

Although Signet Jewelers Inc.’s (NYSE: SIG) fiscal second-quarter revenue rose 3% and core earnings topped analysts’ expectation, shares fell sharply on Wednesday as women accessories provider’s guidance for the current quarter fell short of Street’s expectation. Revenue in the latest period also missed Wall Street’s expectation, mainly due to its disappointing performance in the U.K. [...]

August 29th, 2013 | Tags: | Category: Large Cap Growth Stocks | Leave a comment

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