Signet 2011 Sales Up 5%

Mike Barnes, Signet CEO
Signet Jewelers Ltd., the world’s largest specialty retail jeweler, said Wednesday that same store sales rose 6.7 percent for fiscal 2011, ended Jan. 29. Total sales for the year rose 5 percent to $3.4 billion.
Income before taxes for the year increased 30.3 percent to $300.4 million. Adjusted income before taxes rose 51 percent to $347.9 million.
The Bermuda-based,