Shares of Signet Jewelers Ltd. fell in premarket trading Thursday as the jewelry store operator widely missed quarterly earnings expectations with same-store sales falling 11.5%, pressured by the later timing of the Mother’s Day holiday. The company also said it would outsource its consumer financing operation after launching a strategic review of the program a year ago. Signet plans to sell $1 billion of prime accounts by October to...

Source: Wall Street Journal May 25, 2017 12:45 UTC