Signet Jewelers (SIG) Tops Q2 EPS by 29c; Reiterates Outlook
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Go back to Signet Jewelers (SIG) Tops Q2 EPS by 29c; Reiterates Outlook
August 28, 2017 7:31 AM EDT
Citi raised its price target on Signet Jewelers (NYSE: SIG) to $60.00 (from $52.00) while maintaining a Neutral rating.
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August 24, 2017 8:17 AM EDT
Signet Jewelers (NYSE: SIG) is gaining 15% in pre-open trade following better-than-expected results, a maintained outlook and its acquisition of R2Net.
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August 24, 2017 7:57 AM EDT
Wells Fargo analyst Ike Boruchow has some positive initial comments on Signet Jewelers (NYSE: SIG) following better-than-expected results today.
Boruchow said with a high level of controversy heading into the print, SIG's Q2 earnings release provided a multitude of positive surprises.
He said the most important developments were: 1) SIG comped positively for the first time in 4... More
August 24, 2017 6:50 AM EDT
Signet Jewelers Limited (Signet) (NYSE: SIG), the worlds largest retailer of diamond jewelry, today announced that it has agreed to acquire R2Net for $328 million in an all cash transaction. R2Net is the owner of JamesAllen.com, a fast-growing online jewelry retailer, as well as Segoma Imaging Technologies, who provides R2Net machines to enable delivery of next-generation digital shopping experience for jewelry.
The acquisition will bring together Signets jewelry retail business with R2Nets world-class innovation capabilities and digital technology to... More
