Profile
Sector:
Consumer CyclicalIndustry:
Luxury GoodsCountry:
BermudaIPO:
14 July 1988Website:
http://www.signetjewelers.comNext earnings report:
05 December 2024Last dividends:
25 October 2024Next dividends:
N/APrice
pre-market | 32 min agoAnalysts recommendations
Institutional Ownership
Included in screeners
SIG Latest News
The latest trading day saw Signet (SIG) settling at $92.84, representing a -0.83% change from its previous close.
Signet (SIG) closed the most recent trading day at $100.83, moving +0.04% from the previous trading session.
Signet (SIG) reachead $99.53 at the closing of the latest trading day, reflecting a +2% change compared to its last close.
Signet (SIG) closed the most recent trading day at $98.58, moving -1.12% from the previous trading session.
Signet Jewelers of Kay Jewelers, Zales, Jared, Banter by Piercing Pagoda, Blue Nile, Diamonds Direct and James Allen fame just announced that CEO Gina Drosos will retire on November 4, after serving the company on the board for 12 years, including seven as CEO.
Virginia Drosos plans to retire in November after serving at the helm of the jewelry company since 2017.
J.K. Symancyk Appointed Company's Next CEO Joan Hilson Appointed to Expanded Role of Chief Financial and Operating Officer Leadership Transition is Culmination of Board's Long-Term Succession Planning HAMILTON, Bermuda , Oct. 1, 2024 /PRNewswire/ -- Signet Jewelers Limited ("Signet" or the "Company") (NYSE:SIG), the world's largest retailer of diamond jewelry, which includes Kay Jewelers, Zales, Jared and Banter by Piercing Pagoda, today announced that, after twelve years at the Company, Virginia "Gina" C. Drosos is planning to retire as Chief Executive Officer and as a member of the Board of Directors (the "Board"), effective November 4, 2024.
Signet Jewelers just came off a disappointing second quarter with revenues down 7.6%, though it tracked a sequential improvement from the first quarter when revenues dipped 9.4%.
Signet Jewelers Limited remains a strong buy despite recent price increases, with a solid balance sheet and trading well below 52-week highs. The company beat Q2 earnings estimates and raised full-year guidance, indicating strong future performance and potential for dividend growth. Key risks include the disparity between GAAP and non-GAAP earnings, with SIG GAAP profits expected to improve significantly in Q4.
SIG's Q2 same-store sales dip due to digital banner issues. The company is likely to experience tailwinds due to its growth initiatives.
What type of business is Signet Jewelers Limited?
Signet Jewelers Limited is the largest retail chain of jewelry stores. It was founded in 1949 and subsequently expanded through a series of acquisitions in the late 1980s and early 1990s. In 2014, Signet completed one of the largest merger deals with Zale Corporation, allowing the company to expand its portfolio of brands and take leading positions in the market in the United States, Canada, and the United Kingdom. The company positions itself as a global retailer of jewelry with diamonds and other precious stones. Signet's product line includes several dozen unique proprietary brands, which play an important role in maintaining the company's reputation and competitiveness in the jewelry retail industry.
What sector is Signet Jewelers Limited in?
Signet Jewelers Limited is in the Consumer Cyclical sector
What industry is Signet Jewelers Limited in?
Signet Jewelers Limited is in the Luxury Goods industry
What country is Signet Jewelers Limited from?
Signet Jewelers Limited is headquartered in Bermuda
When did Signet Jewelers Limited go public?
Signet Jewelers Limited initial public offering (IPO) was on 14 July 1988
What is Signet Jewelers Limited website?
https://www.signetjewelers.com
Is Signet Jewelers Limited in the S&P 500?
No, Signet Jewelers Limited is not included in the S&P 500 index
Is Signet Jewelers Limited in the NASDAQ 100?
No, Signet Jewelers Limited is not included in the NASDAQ 100 index
Is Signet Jewelers Limited in the Dow Jones?
No, Signet Jewelers Limited is not included in the Dow Jones index
When was Signet Jewelers Limited the previous earnings report?
No data
When does Signet Jewelers Limited earnings report?
The next expected earnings date for Signet Jewelers Limited is 05 December 2024