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Jeweller Signet like-for-like sales fall 4.5 percent

LONDON (Reuters) - Signet Group , the world's biggest speciality jewellery retailer, posted a 4.5 percent fall in second-quarter like-for-like sales, but said price increases would help it keep full-year margins steady.

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Signet quarterly same-store sales drop 4.5%

LONDON (MarketWatch) -- Signet Group , the world's largest specialty jewelry retailer, said same-store sales in the 13-weeks to Aug. 2 dropped 4.5%, with a 0.6% drop in the U.K. and a 5.8% fall in the U.S. Total sales were down 2.4% on a reported basis to $768.6 million, the operator of Key Jewelers, Jared the Galleria of Jewelry and H. Samuel said. (Updates description of company.) Market Pulse Stories...

1Vote!

Jewellery chain Signet moves primary listing to New York

Signet Group, the jewellery chain which includes H Samuel and Ernest Jones, is to move its primary listing from London to New York, and shift its domicile to Bermuda.

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Signet plans move out of London, may trim payout rate

LONDON (MarketWatch) -- Kay Jewelers owner Signet Group said it's recommending that its primary listing move to the New York Stock Exchange from the London Stock Exchange and that the domicile will move to Bermuda from London. Signet pointed to the evolution of its shareholder base which has seen a steady growth in U.S. ownership since 2003, including a significant increase over the last 12 months,...

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Signet Group quarterly net profit down 24%

LONDON (MarketWatch) -- Signet Group said Friday that first-quarter net profit fell to $24.7 million, or 1.4 cents, from $32.5 million, or 1.9 cents a shares. Sales climbed 1% to $822.5 million but fell 2.5% on a comparable basis. U.S. comparable sales decreased 4.7%, while U.K. comparable sales rose 5.3%, after a good performance from the H. Samuel and Ernest Jones store chains. U.K. gross margin...

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Signet group like-for-like sales down

LONDON (Reuters) - Signet Group , the world's biggest speciality jewellery retailer, said on Thursday group like-for-like sales fell 2.5 percent in the first quarter.

1Vote!

Jeweler Signet Group posts 2.5% drop in Q1 comparable sales

LONDON (MarketWatch) -- Jeweler Signet Group said Thursday that first-quarter comparable sales fell 2.5%, while total sales rose 1% to $822.3 million. U.S. comparable sales fell 4.7%, reflecting a difficult trading environment partly offset by better weather over Valentine's Day. In the U.K., comparable sales rose by 5.3%, with both H. Samuel and Ernest Jones outperforming the retail sector in a demanding...

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Kay Jewelers Introduces ''Open Hearts by Jane Seymour''(TM) Collection

AKRON, Ohio--(BUSINESS WIRE)--Perfectly timed for Mother’s Day, Kay Jewelers today introduces Open Hearts by Jane Seymour™,

2Vote!

Signet year profit down

LONDON (Reuters) - Signet Group , the world's biggest speciality jewellery retailer, unveiled a 16.8 percent fall in annual profit on Wednesday and said its outlook remained very challenging.

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Signet pretax drops 17%, says U.S. same-store sales down

LONDON (MarketWatch) -- Anglo-American jewelry retailer Signet Group said its annual pretax profit in the year to Feb. 2 dropped 17% to $333.5 million, with sales up 3% to $3.67 billion. It's lifting its annual dividend 1.6% to 7.277 cents a share. Since the start of the fiscal year, U.S. same-store sales have dropped 4% while U.K. same-store sales have climbed mid single-digits. Signet said it's...

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Signet Reports Year End Results

LONDON, April 9, 2008 /PRNewswire-FirstCall/ -- Signet Group plc (LSE and NYSE: SIG) today released annual results for the 52 weeks ended 2 February 2008. Reported Constant exchange rate 52 weeks comparative basis(1) -- Group like for like sales down 0.7% -- Group total sales: $3,665.3m up 3.0% up 3.2% - Group profit before tax: $333.5m down 16.8% down 17.4% -- Basic earnings per share: 12.6...

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CyberStreetSmart.org Awards Kay.com 'Steel Door' Award

AKRON, Ohio, March 6 /PRNewswire/ -- Kay.com ranked number one for its Straightforward, Plain English Policies following an evaluation of highly trafficked online retailers. Kay.com is the off...

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Signet 13-week same-store sales down 6.7%

LONDON (MarketWatch) -- Signet Group , the operator of Kay Jewelers stores in the U.S. and H. Samuel in the U.K., said 13-week to Feb. 2 same-store sales dropped 6.7%, with a 8.6% drop in the U.S. and a 1.7% fall in the U.K. Total sales fell 6.1% to $1.38 billion. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on...

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H.Samuel keeps love secret this Valentines Day

H.Samuel offers a free Secret Valentine online service to add a little extra spice to Valentine's gifting

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Luxury Jewelry Market Feels Shoppers' Pain

Consumers scale back their diamond-buying as the economy slows.