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Signet unveils second quarter sales figures

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Monday, 16th August 2004 (5632 views)

Signet Group has announced its second quarter sales results and revealed that total group sales were up by six per cent to £328.6 million.<BR/><BR/>During the 13 weeks from May 2 to July 31, total sales at the firm rose by 8.7 per cent, with the US offering the most significant contribution towards profits.<BR/><BR/>Group chief executive Terry Burman commented: "The Group continued to perform well in the second quarter."<BR/><BR/>Mr Burman claimed UK performance was "ahead of the general retail market" and that US sales were "a strong result in a changeable retail environment".<BR/><BR/>The firm has recently adopted a new accounting policy for its sales figures but claims this does not have any effect on like for like sales figures.<img src="http://directnews.dehavilland.co.uk/dn.gif?feedid=196&itemid=3233669"/>

 

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