NEW YORK, NY / ACCESSWIRE / January 15, 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. On January 14, 2025, Signet issued a press release announcing the company's holiday sales results, comprising the 10-week period ending January 11, 2025, and significantly underperformed compared to expectations.
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. On January 14, 2025, Signet issued a press release announcing the company's holiday sales results, comprising the 10-week period ending January 11, 2025, and significantly underperformed compared to expectations.
PHILADELPHIA, PA / ACCESSWIRE / January 14, 2025 / Kehoe Law Firm, P.C. is investigating securities class action claims on behalf of investors of Signet Jewelers Ltd.
Shares of Signet Jewelers (SIG -23.69%) were taking a dive after the company gave a disappointing update to the key holiday quarter and cut its forecast for the fourth quarter.
Shares of Jared, Zales, and Kay Jewelers parent Signet Jewelers (SIG) plunged 22% Tuesday after the biggest diamond jewelry retailer cut its guidance on weak holiday demand.
Signet Jewelers Limited (NYSE:SIG) shares plunged more than 22% after the jewellery business unveiled disappointing holiday sales. The company said for the 10 weeks ending January 11, its same-store sales (SSS) decreased by approximately 2%, citing underperformance in fashion gifting and a shift in consumer preferences to lower-priced items.
Signet Jewelers Ltd (NYSE:SIG) slashed its sales and earnings outlook for the fourth quarter, citing a dismal holiday shopping season.
Signet, which owns the Zales and Kay brands, says the days leading up to Christmas saw below-forecast performance.
Signet Jewelers (SIG -1.19%) stock wasn't exactly a jewel of an investment as 2024 bowed out. The specialty retailer's share price eroded by almost 20% in December, which, as it covers the holiday period, often proves to be a boon for the sector.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
If you're a value investor, there's a good chance Signet Jewelers (SIG 5.59%) has popped up on your radar.