No-Moat Signet's Fiscal 2017 Results Below Our Expectations; Under Review
No-moat Signet Jewelers issued fiscal 2017 results, updated investors on plans for the credit business, and offered guidance for next year. Full-year sales came in at $6.4 billion, 1.9% below last year and 3.5% below our estimates on a same-store basis. Management attributed this tepid performance to poor traffic in malls, a highly promotional retail environment in the jewelry industry, and outperformance of online versus brick-and-mortar sales channels. The company's own online sales lagged bec...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.