Like many other consumer discretionary retailers, Signet is feeling the pressure from consumers looking for deals and promotions. The past few years of food and housing inflation, along with the post-pandemic yearning for spending on experiences, have taken their toll on discretionary goods sales, such as jewelry.
Wall Street mostly rose Tuesday after encouraging inflation data despite Lilly’s drag. The post appeared first on TV News Check. The post Dow Gains 221, Nasdaq Slips 44, S&P 500 Adds 7 originally published on TV News Check.
U.S. stocks traded higher toward the end of trading, with the Dow Jones index gaining more than 200 points on Tuesday. The Dow traded up 0.50% to 42,509.79 while the NASDAQ rose 0.25% to 19,135.49. The S&P 500 also rose,
The SP 500 rose 0.1% Tuesday, closing higher alongside a 0.5% gain in the Dow Jones Industrial Average, while the NASDAQ fell 0.2%. Choppy trading followed cooler-than-expected inflation data, which eased recent
Signet Jewelers shares tumbled after the retailer cut its quarterly outlook, prompted by a duller-than-expected holiday shopping season. Executives said consumers shifted to lower-priced gifts ...
Kay Jewelers, Zales and Jared parent ... 40.5% over the past three months, while the SPDR S&P Retail ETF XRT has gained 2.9% and the S&P 500 index SPX has eased 0.3%. -Tomi Kilgore This content ...
Shares of Signet Jewelers (NYSE: SIG) were taking a dive after the company gave a disappointing update to the key holiday quarter and cut its forecast for the fourth quarter. As a result ...
Signet Jewelers Limited (NYSE:SIG) slumped in early trading on Tuesday after the company announced disappointing preliminary sales for the ten-week holiday shopping period that ended on January 11 ...
Kay Jewelers, Zales and Jared parent ... past three months through Monday, while the SPDR S&P Retail ETF XRT has gained 2.8% and the S&P 500 index SPX has eased 0.4%.
Shares of Signet Jewelers (NYSE: SIG) were taking a dive after the company gave a disappointing update to the key holiday quarter and cut its forecast for the fourth quarter. It lowered its revenue forecast from $2.
The major indexes rose Tuesday on lower-than-expected December producer price index numbers. Palantir looks to end a losing streak.
Signet Jewelers lowers its Q4 sales forecast and expects weaker-than-expected performance, causing a 16.7% drop in shares during premarket trading.