U.S. fuels Signet 3Q growth
London—Same-store sales rose 5.4 percent at Signet Group, parent company of Sterling Jewelers in the United States, for the third quarter ended Oct. 28.
Total sales increased 5.7 percent (9.5 percent at constant exchange rates) to $604 million.
U.S. sales continued to lead the company's growth, accounting for $433.3 million, or 71.7 percent, of total sales. Total U.S. sales increased 7 percent (12.6 percent at constant exchange rates), and same-store sales in the United States increased 6.5 percent.
Year-to-date same-store sales for the company increased 5.3 percent. Total year-to-date sales increased 10.2 percent (9.8 percent at constant exchange rates).
U.S. sales accounted for 75.6 percent of the company's total year-to-date sales, or $1.583 billion. Total year-to-date sales at U.S. stores increased 13.3 percent (12.6 percent at constant exchange rates), while same-store U.S. sales grew 6.9 percent.
Signet operates 1,865 jewelry stores, including 1,290 stores in the United States under the names Kay Jewelers, Jared the Galleria of Jewelry and several regional names.
Total sales increased 5.7 percent (9.5 percent at constant exchange rates) to $604 million.
U.S. sales continued to lead the company's growth, accounting for $433.3 million, or 71.7 percent, of total sales. Total U.S. sales increased 7 percent (12.6 percent at constant exchange rates), and same-store sales in the United States increased 6.5 percent.
Year-to-date same-store sales for the company increased 5.3 percent. Total year-to-date sales increased 10.2 percent (9.8 percent at constant exchange rates).
U.S. sales accounted for 75.6 percent of the company's total year-to-date sales, or $1.583 billion. Total year-to-date sales at U.S. stores increased 13.3 percent (12.6 percent at constant exchange rates), while same-store U.S. sales grew 6.9 percent.
Signet operates 1,865 jewelry stores, including 1,290 stores in the United States under the names Kay Jewelers, Jared the Galleria of Jewelry and several regional names.
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