The quarter net profit of Signet Jewelers Ltd fell almost by 10 times

Signet Jewelers Ltd, one of the leading companies in the sphere of sales jewelry, reported about financial results for the third quarter 2024. Despite considerable reduction of the net profit, the corrected indicator exceeded market expectations. Within 13 weeks which have come to the end on October 28, the net profit of companies made $3 million, or $0,07 for an action, in comparison with $28,8 million, or $0,6 for an action, for the similar period year before. However the corrected profit decreased to $0,24 for an action from $0,74. The revenue also was reduced by 12,1% to $1,392 billion, or for 12,4% without change of courses...