“Wednesday's First Moves: CHWY, CASY & SIG Earnings”
SIG earnings outperformed consensus by 26% and guidance was raised, resulting in a strong positive market reaction.
Looking at Signet, I think this was the strongest report of the three, but if you look at their jewelry sales figure , it was slightly better than the estimates at 1.53 billion versus 1.528 billion.
But that was still a slight decrease compared to last year. Therefore, prior to this report, the estimates were extremely low.