Signet Jewelers Balances Resilient Demand With Cautious Holiday Outlook
Signet Jewelers Ltd. (NYSE:SIG) shares were up on Wednesday as investors weighed a stronger quarter against a cautious holiday outlook. • SIG shares are advancing steadily. Check the analyst take here.The jewelry retailer, which owns Zales, Kay Jewelers, Jared Jewelers, among other stores, highlighted resilient demand, firmer pricing and cost discipline while signaling continued pressure on value-conscious shoppers.On Tuesday, the company reported third-quarter adjusted earnings per share of 63 cents, beati ...