Signet Jewelers Limited (SIG) - NYSE
  • Mon, Jun. 20, 9:03 AM
    • A survey conducted by Cowen indicates that customers of Signet Jewelers (NYSE:SIG) have maintained their positive rating on the retailer, while negative views are in-line with peers.
    • Cowen is confident Signet will use its advertising budget to drive traffic across brands.
    • Shares of SIG are rated at Outperform by Cowen with a price target of $130.
    | Mon, Jun. 20, 9:03 AM | 2 Comments
  • Wed, Jun. 15, 12:45 PM
    • Signet (SIG -0.8%) is adding "incremental promotions" in order to stimulate customers at the Kay, Jared, and Zales chains.
    • The company is still in a damage control mode after reports emerged earlier this month alleging diamond-swapping practices at the company.
    • "We have to make it right and get on top of social media to make sure that the other side of the story is told," notes Signet CEO Mark Light.
    | Wed, Jun. 15, 12:45 PM | 1 Comment
  • Wed, Jun. 8, 11:44 AM
    • Signet Jewelers (NYSE:SIG) CEO Mark Light picked up 2,897 shares at $86.22 yesterday.
    • Chairman of the Board Todd Stitzer added 3,480 shares at $86.25.
    • Shares of Signet are up 2.91% on the day to $88.54, but are still down about 19% from where they stood before accusations of diamond-swapping first started to circulate.
    | Wed, Jun. 8, 11:44 AM | 4 Comments
  • Fri, Jun. 3, 8:19 AM
    • Signet Jewelers (NYSE:SIG) issues a statement in which it strongly objects to published allegations that employees mishandle customer jewelry or engage in "diamond swapping" practices.
    • Customer complaints about Signet have seemed to spiral higher recently and the company was the target of a negative article by Grant's Interest Rate Observer. Jim Grant also went on CNBC to explain his concerns on Signet.
    • Signet is down 14% over the last week, but SA contributor Quinn Foley sees an opportunity.
    | Fri, Jun. 3, 8:19 AM | 10 Comments
  • Thu, Jun. 2, 11:27 AM
    • Signet (SIG -6.8%) is down sharply today as shares stay on a downward track. Shares are off 14% over the last five sessions.
    • A contributing factor in the weakness is a report swirling around accusing employees at Kay of swapping out diamonds. A Facebook page that is stockpiling customer complaints is drawing some notice.
    • Also in the mix, Grant's took aim at Signet by calling the retailer the next Lumber Liquidators in its latest issue. The publication is pointing at some bankruptcy data on top of the diamond-swapping issue.
    | Thu, Jun. 2, 11:27 AM | 5 Comments
  • Thu, May 26, 12:14 PM
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    | Thu, May 26, 12:14 PM | 14 Comments
  • Thu, May 26, 6:57 AM
    • Signet (NYSE:SIG): Q1 EPS of $1.95 beats by $0.01.
    • Revenue of $1.58B (+2.6% Y/Y) misses by $30M.
    • Shares -2.28% PM.
    • Press Release
    | Thu, May 26, 6:57 AM | 4 Comments
  • Wed, May 25, 5:30 PM
    | Wed, May 25, 5:30 PM | 4 Comments
  • Thu, Mar. 24, 9:18 AM
    | Thu, Mar. 24, 9:18 AM | 3 Comments
  • Thu, Mar. 24, 8:00 AM
    • Signet (NYSE:SIG) reports same-store sales rose 4.9% in Q4.
    • Comp growth by brand: Kay +7.4, Jared +1.4%, Sterling +5%, Zales (total) +4.7%, Zales US Jewelry +5.4%, H.Samuel +3%, Ernest Jones +6.6%, UK Jewellers division +4.7%.
    • E-commerce sales increased 11.2% to $166.3M.
    • Adjusted gross margin rate advanced 170 bps Y/Y to 42.6%.
    • Adjusted SG&A expense rate grew 30 bps to 27.8%.
    • Adjusted operating margin rate expanded 160 bps to 17.4%.
    • Store count +46 Y/Y to 3,625.
    • Q1 Guidance: Same-store sales: +3% to +4%; GAAP EPS: $1.80 to $1.87; Non-GAAP EPS: $1.90 to $1.95; Shares outstanding: 78.8M.
    • FY2017 Guidance: Same-store sales: +3% to +4.5%; GAAP EPS: $7.88 to $8.23; Non-GAAP EPS: $8.25 to $8.55; Tax rate: ~28%; Capex: $315M to $365M; Net selling square footage growth: 3% to 3.5%; Net synergies: $158M to $175M.
    • SIG +2.19% premarket.
    | Thu, Mar. 24, 8:00 AM
  • Thu, Mar. 24, 6:59 AM
    • Signet (NYSE:SIG): Q4 EPS of $3.63 beats by $0.04.
    • Revenue of $2.4B (+4.8% Y/Y) misses by $10M.
    • Press Release
    | Thu, Mar. 24, 6:59 AM
  • Wed, Mar. 23, 5:30 PM
  • Mon, Feb. 29, 9:17 AM
    | Mon, Feb. 29, 9:17 AM
  • Mon, Feb. 29, 8:21 AM
    • Signet (NYSE:SIG) reports same-store sales were up 4.9% in Q4 to fall on the top end of its guidance.
    • On a preliminary basis, Signet sees Q4 adjusted EPS of $3.63 vs. $3.55 consensus.
    • The company increases its forecast on Zales synergies to $225M-$250M by the end of FY18 vs. $150M-$175M prior view.
    • SIG +6.43% premarket to $105.50.
    | Mon, Feb. 29, 8:21 AM
  • Mon, Feb. 29, 8:20 AM
    | Mon, Feb. 29, 8:20 AM
  • Tue, Feb. 16, 7:12 AM
    • Signet Jewelers (NYSE:SIG) announces it will voluntarily delist itself from the London Stock Exchange. The last trades will be executed on the exchange on March 11.
    • The company says less than 1% of its total trading volume has been coming from the LSE.
    • Signet is listed on the NYSE in the U.S.
    | Tue, Feb. 16, 7:12 AM | 1 Comment
Company Description
Signet Jewelers Ltd. is a specialty retail jeweler by sales in the US, Canada and UK. The company has one business segment, the retailing of jewelry, watches and associated services. The business is managed as two geographical operation divisions: the U.S. division and the UK division. The U.S.... More
Sector: Services
Industry: Jewelry Stores
Country: United States