Signet Jewelers Stock Jumps as Q1 Results, Outlook Beat Estimates
1. Signet Jewelers posted better-than-expected Q1 results, surprising analysts. 2. Adjusted EPS of $1.18 exceeded analyst expectations of $1.03. 3. Full-year sales forecast increased to $6.57-$6.80 billion, surpassing previous guidance. 4. Company plans to repurchase over 5% of outstanding shares this year. 5. Shares jumped 13% in premarket, but are down 17% year-to-date.