Signet Jewelers stock sinks on weak Q2 guidance

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Signet Jewelers News

Julie Hyman

Shares of Signet Jewelers (SIG) are falling after its second quarter guidance fell short of Wall Street's expectations. Yahoo Finance's Julie Hyman and Josh ...

All right, let's check in on some trending tickers here, shares of Cyne Jewelers are sliding.So during the earnings call CFO says, now you, you, you usually you stick to your script, right?But uh the CFO says, and I think he here's the line that caused a bit of a freak out says heightened competitive discounting may pressure margins into the back half more than we expected at the beginning of the year.

The company says in the second quarter, uh its current second quarter, same store sales are gonna be down 2 to 6%. Um But clearly, you know, managing this so far has been tough for them and we know what the consumer environment is like right now, right where we are seeing lower income consumers be here.This dividend stock has a strong history of dividend payments and growth, but offers even more for long-term investors. The post This 8.1% Dividend Stock Pays Cash Every Month appeared first on The Motley Fool Canada.

 

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