Signet Jewelers Limited engages in the retail sale of diamond jewelry, watches, and other products. They are the ones that operates stores in malls and off-mall locations primarily under the Kay Jewelers, Jared The Galleria Of Jewelry, Zales Jewelers and Gordon’s Jewelers.
Last week, Signet reported their fourth-quarter earnings report. Signet reported Signet a net loss of $116.2 million, or $2.25 a share, from a profit of $343.0, or $5.24 a share, in the same period a year ago. Total sales declined 6% to $2.15 billion, while the 2.0% decline in same-store sales missed expectations of a 1.9% decline.
The results were
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