Signet Jewelers Limited announced its sales for the nine weeks ended January 5, 2019 (Holiday Season). Total same store sales performance decreased 1.3% year over year, inclusive of a positive impact of approximately 90 bps related to incremental clearance and a positive impact of 40 bps due to planned shifts in timing of promotions at Zales and Peoples. Total sales were $1,835.4 million.

The company revised earnings guidance for the fourth quarter and full year of fiscal 2019. For the quarter, the company now expects to report same store sales (excluding impact of revenue recognition changes) down 1.6% - down 2.5%, total sales in the range of $2.14 billion to $2.16 billion and GAAP diluted EPS in the range of $2.32 to $2.53 compared to the previous guidance of same store sales (excluding impact of revenue recognition changes) down 1.5% to up 1.0%, total sales in the range of $2.17 billion to $2.22 billion and GAAP diluted EPS in the range of $3.02 to $3.33 same period.

For the full year of fiscal 2019, the company now expects to report same store sales (excluding impact of revenue recognition changes) approximately flat, total sales in the range of $6.24 billion to $6.26 billion and GAAP diluted LPS in the range of $8.16 to $7.93 compared to the previous guidance of same store sales (excluding impact of revenue recognition changes) flat to up 1.0%, total sales in the range of $6.26 billion to $6.31 billion and GAAP diluted LPS in the range of $7.40 to $7.07 same period.