Signet reports further US weakness

Ernest Jones and H Samuel owner Signet today said the performance gap was widening between its UK and US divisions after trading remained weak in America.

Signet reports further US weakness
Fri, 08 Jun, 2007 - 09:39

Ernest Jones and H Samuel owner Signet today said the performance gap was widening between its UK and US divisions after trading remained weak in America.

The jeweller revealed that first quarter pre-tax profits slipped 5% to US$50.8m (€38m) after trading woes in the US, which make up three-quarters of the group’s annual sales.

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CourtsBusinessHeathrowPlace: USPlace: UKPlace: AmericaOrganisation: SignetOrganisation: Ernest Jones andOrganisation: H SamuelOrganisation: Ernest Jones and H Samuel
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