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.

Earnings per share were a significant improvement. If you look at the figure at $2.19 versus $1.74, the same store's sales were higher in this case. If you look at the bulletin and the change as a percentage, it is 2.2 versus 1.9.

Therefore, it was a clear earnings outperformance with adjusted earnings per share about 26 percent higher than the consensus, while comparability sales also exceeded expectations .

The other thing is that they have turned from an accounting loss compared to last year to a tangible profit. This is important.

Meanwhile, if you look at the adjusted earnings per share for the fiscal year, and if you look at the upper limit, they raised it from $11 to $12.15. While sales guidance remains the same, guidance has also improved slightly on a same-store sales basis to 2.5 percent.

So, 2.2 this quarter, and 2.5 percent for the whole year.

This is a significant improvement, and that's why the stock rose. Yes, and the best day in over a year, with gains of 17.5 percent.