Summary by Moomoo AI
On March 20, 2024, Signet Jewelers Limited, the world's largest retailer of diamond jewelry, reported its financial results for the fourth quarter and full fiscal year 2024, which ended on February 3, 2024. The company announced total sales of $2.5 billion for the quarter, a decrease of 6.3% compared to the same period last year, and $7.2 billion for the full year, down 8.6% from the previous year. Same store sales decreased by 9.6% for the quarter and 11.6% for the year. Despite the sales decline, GAAP operating income for the quarter increased to $416.3 million from $369.5 million in the prior year, and non-GAAP operating income slightly rose to $409.7 million from $404.7 million. GAAP diluted earnings per share (EPS) for the quarter were $11.75, significantly higher than the $5.02 reported in the same...Show More