Why Signet’s Bottom line is Projected to Fall
Analysts expect Signet’s (SIG) bottom line to fall YoY (year-over-year) in fiscal 2018. Near-term disruptions owing to the company’s credit outsourcing transition are expected to hurt its Sterling Jewelers sales, and in turn, its bottom line. Analysts expect the company to report earnings of $6.32 per share in fiscal 2018, marking a YoY decline of 15.3%.