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Why Signet Jewelers Stock Was Falling Today

01:52pm, Wednesday, 20'th Mar 2024
Signet came up a bit short on revenue in its fourth quarter, but beat profit estimates. The company's bottom-line guidance was short of estimates.
Shares of Signet Jewelers (SIG) plunged Wednesday after the jewelry chain's quarterly sales and guidance missed estimates as fewer people are getting engaged to be married.
Signet's (SIG) fourth-quarter fiscal 2024 earnings rise y/y but same-store sales decline 9.6%.
Shares of Signet Jewelers Ltd. were suffering their worst day in nearly two years after the seller of diamond jewlery warned of a surprise same-store sales decline in the current quarter, as marriage

Signet (SIG) Q4 Earnings Top Estimates

09:05am, Wednesday, 20'th Mar 2024
Signet (SIG) came out with quarterly earnings of $6.73 per share, beating the Zacks Consensus Estimate of $6.33 per share. This compares to earnings of $5.52 per share a year ago.
The jewelry company reports fiscal fourth-quarter adjusted earnings of $6.73 a share, topping Wall Street estimates.
Signet (SIG) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

What Makes Signet (SIG) a New Buy Stock

01:01pm, Tuesday, 19'th Mar 2024
Signet (SIG) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Investors with an interest in Retail - Jewelry stocks have likely encountered both Signet (SIG) and Compagnie Financiere Richemont AG (CFRUY). But which of these two stocks presents investors with the
VCR: Consumer Discretionary Sector Dashboard For March
As the theme of 2023 continues into 2024, seeing technology stocks and, more specifically, semiconductor and AI names dominate the headlines, it might be easy to miss other promising setups in less-sp
Americans will spend a record $14.2 billion on Valentine's Day cards and gifts this year. That's according to a recent survey conducted by the National Retail Federation (NRF) and Prosper Insights & A
Few figures in the investment realm have captured attention quite like Michael Burry.
Walmart and other companies are trying to tap into the growing popularity of lab-grown diamonds and other affordably priced jewelry.
Signet's revenue fell by double digits in Q3, but it beat estimates on the bottom line. Marriage engagements are rebounding, which should lead to a recovery in sales growth.
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