Signet has announced its financial performance for the second quarter of the year. In the said period, the company saw a 7.5 percent drop in total sales to $710.9 million, while same-store sales dipped by 5.3 percent. On the basis of sales at constant exchange rates, the company’s U.K. division sales were stable, while same-store sales declined by 4.3 percent. In U.K, revenues decreased by 18 percent to $158.4 million, as the British pound, became weaker by 22 percent against the dollar during the comparable year-to-year quarters, reports say. Sales at U.S. decreased by 4 percent to $552.5 million, while same-store sales by 5.5 percent.