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EXPLAINED: 2 - The Real Truth

Signet Jewelers Q1 Earnings Beat Street View; Reaffirms FY23 Outlook

Signet Jewelers Ltd (NYSE:SIG) reported first-quarter FY23 sales growth of 8.9% year-on-year to $1.84 billion, beating the consensus of $1.80 billion. Same store sales increased 2.5% versus last year. North America segment raked in the major chunk of sales, amounting to $1.7 billion, a 5.4% increase Y/Y. Same-store sales for the segment decreased…

Benzinga · Jun 9, 2022

Why Signet Jewelers Shares Are Rising Today

Signet Jewelers Limited (NYSE: SIG) shares are trading higher after the company reported better-than-expected first-quarter earnings per share and sales results. The company also reaffirmed its full-year 2023 earnings per share and sales guidance, which are above estimates.

Benzinga · Jun 9, 2022

Major jewellers to cease buying Russian-origin diamonds after increased scrutiny

Several big name brands including Tiffany, Pandora and Chopard announce a pause on buying raw materials of Russian origin amid war in Ukraine

The Guardian - AU · Mar 31, 2022

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Jewellery industry accused of silence over Russian diamonds

Insiders say current sanctions do nothing to halt flow of Russian gems to the west because majority are exported rough and get reclassified in India

The Guardian - AU · Mar 19, 2022

Signet Jewelers Stock Surges On Solid Q4 Results, Robust Q1, FY23 Outlook

Signet Jewelers Ltd (NYSE:SIG) reported fourth-quarter FY22 sales growth of 28% year-on-year, to $2.81 billion, beating the consensus of $2.77 billion. Same-store sales grew 23.8% versus last year. Brick and mortar sales increased 34.6% to $2.3 billion, and eCommerce sales rose 8.7% to $556 million. North America segment raked in the major chunk…

Benzinga · Mar 17, 2022

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