People bought cheaper jewelry as holiday gifts, and Signet’s stock is tumbling
Kay Jewelers, Zales parent cut its sales outlook as more customers bought discounted jewelry for Christmas than expected.
Signet Jewelers Stock Tumbles After Company Cuts Outlook on Soft Holiday Sales
Key Takeaways Signet Jewelers reported weak holiday sales and cut its fourth-quarter guidance on Tuesday, sending shares ...
Signet Jewelers Stock Sinks After Cut to Sales Forecast
Signet, which owns the Zales and Kay brands, says the days leading up to Christmas saw below-forecast performance.
Professional Jeweller12d
Slump in holiday sales leads Signet to lower Q4 expectations
A disappointing holiday sales period has forced Signet Jewelers to revise its expectation for sales in the fourth quarter ...
Yahoo Finance13d
SIG Trims Q4 Forecast Amid Lower-Than-Expected Holiday Results
The company, which owns well-known brands like Jared, Zales and Kay Jewelers, experienced a decline in same-store sales during the holiday season. Softer-than-expected sales compelled management ...