Signet Jewelers rallies after earnings; Jefferies points to 40% more upside (SIG:NYSE)

Signet Jewelers Limited (SIG) traded 13% higher on Thursday after the company topped profit expectations with its FQ4 earnings report. The retailer delivered Q4 sales of $2.35 billion, with same-store sales down 0.7% but merchandise average unit retail up about 5%, reflecting successful pricing ...