Friday, June 8, 2007

Signet says U.S. trading environment weakend in Q1

(Reuters) - Burman said the group had seen weak sales over the Mother's
Day period at the start of the second quarter but trading since
had seen like-for-like sales return to the first-quarter
underlying rate of growth.




"There is no mistaking the fact that this is a fairly
cautious statement, although at this stage, we retain our
recommendation of hold," Seymour Pierce Analyst Andrew Wade
said.


Read more at Reuters.com Market News

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