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Why Signet Jewelers Shares Are Trading Lower By Over 12%? Here Are Other Stocks Moving In Thursday's Mid-Day Session

Benzinga ·  Jun 14 02:07

Shares ofSignet Jewelers Limited(NYSE:SIG) fell sharply during Thursday's session following mixed first-quarter earnings including an 8.9% drop in same store sales.

The company reported a first-quarter FY25 sales decline of 9.5% year-on-year to $1.510 billion, missing the analyst consensus estimate of $1.514 billion. Adjusted EPS of $1.11 beat the consensus estimates of 85 cents.

Signet expects second-quarter sales of $1.46 billion – $1.52 billion, versus the consensus of $1.508 billion.

Signet Jewelers shares dipped 12.5% to $94.81 on Thursday.

Here are some other stocks moving in today's mid-day session.

Gainers

  • BioRestorative Therapies, Inc. (NASDAQ:BRTX) shares climbed 66.3% to $2.22 after the company announced...
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