NEW YORK, NY / ACCESSWIRE / January 14, 2025 / Levi & Korsinsky notifies investors that it has commenced an investigation of Signet Jewelers Limited ("Signet") (NYSE:SIG) concerning possible violations of federal securities laws.
Because of the results, Signet lowered its fourth-quarter sales estimate to $2.32 billion to $2.335 billion from the previous outlook of $2.38 to $2.46 billion. It sees same-store sales down 2.5% to 2.0%, reduced from the earlier prediction of flat to 3% higher.
Kay Jewelers, Zales and Jared parent cut its Q4 sales guidance as holiday sales disappointed Shares of Signet Jewelers Ltd ... which is operated by Dow Jones & Co. MarketWatch is published ...
The major indexes rose Tuesday on lower-than-expected December producer price index numbers. Palantir looks to end a losing streak.
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, gaining, 0.33% to 5,855.26.
Most U.S. stocks rose following an encouraging update on inflation, but drops for Eli Lilly and some other influential stocks kept indexes in check
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 and issued Q4 guidance.
U.S. stocks are ticking higher following an encouraging update on inflation. The S&P 500 rose 0.4% in early trading Tuesday. The Dow Jones Industrial Average was up 163 points, and the Nasdaq composite was 0.
Stubbornly high readings on inflation and a run of better-than-expected readings on the U.S. economy have sent Wall Street into a weekslong rut, pulling it further from the dozens of all-time highs set last year. The fear is that all the strong data will convince the Federal Reserve to deliver less relief this year through lower interest rates.
Shares of Signet Jewelers Ltd. were headed for their worst day in nearly five years, after the parent of Kay Jewelers, Zales and Jared jewelry store chains lowered its sales outlook, citing a ...
Signet Jewelers cut its fourth-quarter outlook ... Write to Connor Hart at
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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 ...