Here’s What Drove Signet Jewelers’ Fiscal Q1 2019 Sales
Signet Jewelers’ (SIG) fiscal first quarter of 2019 sales of $1.5 billion came in ahead of analysts’ expectation of $1.4 billion and increased 5.5% year-over-year. Here are a few factors that supported its net sales growth rate: incremental sales from the acquisition of James Allen (acquired in September) favorable currency rates a calendar shift in the timing of Mother’s Day