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Signet Jewelers - SIG STOCK NEWS

Welcome to our dedicated page for Signet Jewelers news (Ticker: SIG), a resource for investors and traders seeking the latest updates and insights on Signet Jewelers stock.

Signet Jewelers (SIG), the world's largest specialty diamond jewelry retailer, provides essential updates through this centralized news hub. Track official press releases and market developments across SIG's North American and UK operations, including iconic brands like Kay Jewelers and H. Samuel.

This resource delivers timely updates on earnings reports, strategic acquisitions, leadership changes, and product innovations. Investors gain critical insights into SIG's omnichannel retail strategy while analysts monitor trends in bridal jewelry demand and luxury retail dynamics.

Content focuses on verifiable developments: quarterly financial results, partnership announcements, operational expansions, and sustainability initiatives. Regular updates ensure stakeholders stay informed about SIG's market position in competitive specialty retail.

Bookmark this page for efficient tracking of SIG's business trajectory. Combine periodic checks with SEC filings for comprehensive understanding of the company's performance in evolving jewelry markets.

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Signet Jewelers (NYSE: SIG) has announced the timing for its Fiscal 2025 Second Quarter Earnings Release and Conference Call. The company plans to release its second quarter results on Thursday, September 12, 2024, at approximately 7:00 a.m. ET. This will be followed by a conference call at 8:30 a.m. ET on the same day. Investors and interested parties can participate in the call via phone or listen to the simultaneous audio webcast available on the company's website.

For those wishing to join the call, toll-free access is available for North America, while a local Toronto number is provided for Canadian participants. A conference ID is required for access. Additionally, a registration link for the listen-only webcast has been provided for those preferring to tune in online.

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GrafTech International (NYSE: EAF) has announced the appointment of Rory O'Donnell as its new Chief Financial Officer and Senior Vice President, effective September 3, 2024. O'Donnell will report directly to CEO Timothy Flanagan and oversee all financial aspects of the company. He brings extensive financial expertise from his previous roles, including serving as Senior VP, Controller, and Principal Accounting Officer at Covia , where he also held the position of Interim CFO. Prior experiences include senior positions at Signet Jewelers and Cleveland-Cliffs Inc. O'Donnell holds a B.S. in Accounting from the University of Dayton and is a licensed CPA in Ohio.

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Signet Jewelers (SIG), the world's largest diamond jewelry retailer, has launched its annual holiday plush campaign to benefit St. Jude Children's Research Hospital. Starting today, KAY and Jared stores nationwide are offering Blake (bear) and Bentley (puppy) plush toys for $14.99 each, with at least $7 from each sale donated to St. Jude through February 1, 2025.

This initiative is part of Signet's 26-year partnership with St. Jude, which has raised over $100 million to date. In 2023, Signet raised a record $8.75 million for St. Jude, contributing to a new $100 million commitment announced in October 2023 to advance research and treatment for childhood cancer globally.

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Signet Jewelers (NYSE: SIG) reported its first-quarter fiscal 2025 results, showing a decline in sales and earnings compared to the same period last year. Sales dropped by 9.4% to $1.5 billion, with same-store sales down 8.9%. Operating income fell to $49.8 million from $101.7 million, while adjusted operating income decreased to $57.8 million.

Despite these declines, the company experienced a recovery in North American engagement unit sales and growth in Fashion sales. Free cash flow improved, and the company repurchased $7.4 million in common shares. The company reaffirmed its full-year guidance, projecting sales between $6.66 billion and $7.02 billion, with adjusted diluted EPS between $9.90 and $11.52. A quarterly dividend of $0.29 per share was declared.

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Signet Jewelers (NYSE: SIG) has announced the release date for its fiscal 2025 first quarter earnings report. The results will be released on June 13, 2024, at approximately 7:00 a.m. ET. An earnings conference call is scheduled for the same day at 8:30 a.m. ET. The call can be accessed toll-free in North America at (+1) 800 549 8228 or locally in Toronto at (+1) 289 819 1520 using Conference ID 59089. A simultaneous listen-only webcast will be available on the company's website. Registration for the webcast is open now.

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Signet Jewelers raises a record-breaking $8.75 million for St. Jude Children's Research Hospital®, marking their largest single-year fundraising total. Signet has raised over $100 million for St. Jude in the past 25 years and has committed to raising an additional $100 million. The donation will support ongoing research, care, and survivorship programs for children with cancer and other life-threatening diseases.
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Signet Jewelers and Leonard Green & Partners amend terms of Preferred Shares, reducing diluted share count by repurchasing half of the shares. The transaction increases FY2025 non-GAAP EPS guidance by 9% to 10%.
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Signet Jewelers announced the appointment of Helen McCluskey as the new Board Chair, succeeding H. Todd Stitzer at the June 2024 Annual General Meeting. Stitzer is completing his twelve-year term, during which Signet saw significant financial growth and shareholder returns. The Company's Director Tenure Policy limits terms to 12 years. McCluskey, with a retail background, is set to lead Signet's Board.
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Signet Jewelers (SIG) reported results in line with expectations for the fourth quarter of Fiscal 2024, with EPS exceeding estimates. The company announced a $350 million cost out initiative over the next 3 years, raised share repurchase authorization to $850 million, and increased the common dividend by 26%. Key highlights include gross margin expansion, sustained average transaction value, and strong cash flow generation. Despite challenges in the industry, Signet remains optimistic about its strategic initiatives and expects sequential same store sales improvement in Fiscal 2025.
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Signet Jewelers Limited appoints Sandra Cochran to its Board of Directors, expanding the Board to 13 members. Cochran's retail expertise and financial acumen are expected to enhance Signet's strategic planning and transformation under CEO Gina Drosos.
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Signet Jewelers

NYSE:SIG

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SIG Stock Data

2.38B
41.25M
3.05%
111.18%
10.6%
Luxury Goods
Retail-jewelry Stores
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