Signet Jewelers Ltd.'s (SIG, SIG.L) third-quarter net loss reduced to $7.0 million or $0.08 per share from $15.1 million or $0.18 per share in the prior year.
Sales for the third quarter of 2009 decreased to $613.7 million from $629.3 million in the year earlier period.
In addition, the company now expects to achieve a reduction in net debt of between $300 million and $350 million this year compared with its original target of $175 million - $225 million.
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