Signet Jewelers posted declines in fourth-quarter and full-year sales amid a soft market for engagement rings, a late holiday season and “integration issues” at its online brands
Signet Jewelers Ltd. reported declining first-quarter sales and cut its full-year guidance amid “increasing macroeconomic pressures” and a drop-off in engagements.
Signet Jewelers Ltd. projected better-than-expected sales for the fourth quarter, following a robust holiday season during which all its U.S. banners posted positive same-store sales.