Signet Jewelers Revenues +1.4% in Q1

(IDEX Online News) – Signet Jewelers had somewhat improved business, reporting rising revenues and net earnings in the first quarter. Sales were up 1.4 percent to $900 in the quarter ended April 28.

In the U.S., sales were $751.5 million, up 1.8 percent. In the UK, sales declined 0.5 percent to $148.5 million despite a 1.2 percent increase in same store sales.

Pre-tax income improved 9.1 percent to $128.5 million and net income increased 9.4 percent to $82.5 million.