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Signet Jewelers CEO on 2Q Results & Trends To Watch

Key Points

J.K. Symancyk, CEO of Signet Jewelers, said the company feels confident after raising guidance for a second time this year, pointing to solid fundamentals, five positive comparable-sales quarters in the last six, and momentum heading into the important fourth quarter. He said Wall Street had expected a guidance boost, but Signet’s confidence is based on broad business strength rather than a one-time benefit. He speaks with Romaine Bostick & Tyler Kendall on "The Close."

J.K. Symancyk, CEO of Signet Jewelers, said the company feels confident after raising guidance for a second time this year, pointing to solid fundamentals, five positive comparable-sales quarters in the last six, and momentum heading into the important fourth quarter. He said Wall Street had expected a guidance boost, but Signet’s confidence is based on broad business strength rather than a one-time benefit. He speaks with Romaine Bostick & Tyler Kendall on "The Close." (Source: Bloomberg)
Signet Jewelers (ORG) 2Q Results & Trends To Watch (ORG) J.K. Symancyk (PERSON) Signet (ORG) Romaine Bostick & Tyler Kendall (ORG)
Originally published by Bloomberg Markets Read original →