Signet Q2 revenue $1.75B, EPS $2.58; reaffirms FY23 guidance

SIGNET JEWELERS LTD

2023-Q2 EPS reported $0.90 revenue$3,593,200,000

GAAP operating income $186.8M (10.6% margin) vs $225.4M (12.6%) last year.
Same-store sales down 8.2% YoY; total sales down 1.9% to $1.75B.
Non-GAAP diluted EPS $2.68 vs $3.57 last year.
Board declares $0.20 quarterly dividend; $622.4M remaining share repurchase authorization.
Reaffirms FY23 revenue outlook $7.60-$7.70B and operating income $787-$828M.

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