Richemont delivered stunning holiday quarter performance with luxury jewelry sales up 14%, while Signet reported holiday ...
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One reader says don’t be afraid to stock high-priced jewelry.
The pace of U.S. engagements is also slower than Signet had forecast in recent quarters, company executives said on Tuesday.
Kay Jewelers, Zales parent cut its sales outlook as more customers bought discounted jewelry for Christmas than expected.
Because of the results, Signet lowered its fourth-quarter sales estimate to $2.32 billion to $2.335 billion from the previous outlook of $2.38 to $2.46 billion. It sees same-store sales down 2.5% to 2 ...