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Diamonds.net - Signet Gaining Market Share as Sales Soar



RAPAPORT. Sales at Signet Jewelers stormed past the company’s expectations in the first fiscal quarter as the retailer’s new strategy helped it capitalize on resurgent consumer demand.Revenue jumped 98% year on year to $1.68 billion in the 13 weeks that ended May 1 amid buoyant in-store. ....

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Signet (SIG) Up 3.4% Since Last Earnings Report: Can It Continue?

Signet (SIG) Up 3.4% Since Last Earnings Report: Can It Continue?
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Consensus Estimate , Operating Income , ஒருமித்த கருத்து மதிப்பீடு ,

Diamonds.net - Signet Raises Outlook After Strong Start to 2021


Signet Raises Outlook After Strong Start to 2021
RAPAPORT. Signet Jewelers has predicted sales growth of up to 88% for the first fiscal quarter amid positive market conditions at the start of the year.
“Signet has seen stronger-than-expected conversion and average ticket values in the first quarter,” the jeweler explained Monday. “The company believes this top-line strength is likely due to a combination of traction from strategic initiatives, as well as tailwinds from stimulus, tax refunds and consumer enthusiasm on the heels of vaccine rollouts.”
The announcement comes during a buoyant period in the diamond and jewelry industry, with consumers shopping again following the store closures of 2020. US jewelry sales more than doubled year on year in March, and were 30% higher than in the same month of 2019, Mastercard SpendingPulse reported last week. ....

Rapaport United States Inc , Rapaport United States , Diamonds Net , Covid 19 , Mastercard Spendingpulse , Rapaport News , Signet Jewelers , ராபபோர்ட் ஒன்றுபட்டது மாநிலங்களில் இன்க் , ராபபோர்ட் ஒன்றுபட்டது மாநிலங்களில் , வைரங்கள் நிகர , ராபபோர்ட் செய்தி , சிக்னெட் நகைக்கடைக்காரர்கள் ,

Diamonds.net - Diamond Council of America Selects New Board


RAPAPORT. The Diamond Council of America (DCA) has elected Chuck Kuba to a two-year term as chairman of its board of directors.
Kuba, the owner of Iowa Diamond in Des Moines, Iowa, is also on the board of directors of Jewelers of America (JA), and was previously the president of the Iowa Jewelers Association, the DCA said last week.
David Bonaparte, CEO of JA, and Bill Luth, executive vice president of global store operations for Signet Jewelers, will serve as vice chairmen. Dan Casanova, vice president of Riddle’s Jewelry, will take on the roles of secretary and treasurer. Jennifer Hammond, divisional vice president for Signet brands Kay, Zales and Peoples, will join the board for a one-year term. ....

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