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Signet's 1Q Sales +10%, Profit +11%, EPS +18%
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Signet Jewelers reported that sales rose 10.4 percent year on year to $993.6 million for the first quarter that ended on May 4. Same-store sale increased 6.4 percent and ecommerce revenue jumped 40.7 percent...
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Financial-Legal
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May 23, 2013
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Jeff Miller
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Zale Appoints Terry Burman as Board Chairman
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Signet Group's former CEO, Terry Burman, was appointed as a director and the chairman of the board of Zale Corporation. John B. Lowe, Jr., who has served as Zale's chairman for the past five years, will...
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Retail
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May 22, 2013
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Jeff Miller
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Signet's 4Q Sales Rise, Profit +10%
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Signet Group reported that sales rose 12 percent year on year to $1.5 billion for the 14 weeks that ended on February 2, 2013 compared with a 13 week period that ended on January 28, 2012, marking the fourth...
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Retail
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Mar 28, 2013
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Deena Taylor
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Signet Jewelers to Buy Ultra Stores For $57M
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Signet Jewelers Ltd. has agreed to acquire Ultra Stores Inc. from Crystal Financial LLC and its other stockholders for approximately $57 million in cash. Signet will not assume any debt in connection with...
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Retail
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Oct 24, 2012
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Dilipp S Nag
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Citi's Initiation of Signet Boost Shares
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Shares in Signet Jewelers rose 2 percent to hit $51.34 in late morning trading on the Nasdaq in New York. Signet's shares were up 36 percent year on year and just shy of a 52-week high of $51.44 in March. The latest bump...
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Retail
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Sep 14, 2012
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Jeff Miller
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Signet's 2Q Profit +7% to $71M
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Signet Jewelers reported that sales rose 7 percent year on year to $853.9 million for the second quarter that ended on July 28. Same-store sales climbed 7.1 percent, cost of sales increased 7.9 percent to $542.7...
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Financial-Legal
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Aug 23, 2012
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Jeff Miller
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Drosos Joins Signet's Board
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Signet Jewelers Ltd. appointed Virginia (Gina) C. Drosos to its board of directors on July 25. Drosos is the group president of Procter & Gamble's beauty, skin, cosmetics and personal care division. She intends to retire from...
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Retail
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Jul 27, 2012
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Jeff Miller
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Signet's Board Approves $50M More for Share Repurchase
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Signet Jewelers Ltd. authorized a $50 million increase, up to $350 million, in its existing program to repurchase common shares. Mike Barnes, Signet’s chief executive, said that the increase reflected the board's commitment to building value...
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Financial-Legal
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Jul 17, 2012
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Jeff Miller
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Signet's 1Q Sales +1%, Profit +9% to $83M
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Signet Group sales for its first quarter rose 1.4 percent year on year to $900 million in the period that ended on April 28, 2012. The rate of increase for Signet's cost of sales rose slightly...
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Financial-Legal
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May 24, 2012
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Jeff Miller
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Signet's Sales Rise 7%, Earnings Jump 49%
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Signet's sales during its fourth-fiscal quarter, which included Christmas season and ended on January 28, 2011, rose 6.5 percent year on year to $1.35 billion while cost of sales increased 5.1 percent to $790.6 million....
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Financial-Legal
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Mar 22, 2012
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Jeff Miller
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Signet’s Christmas Season Comps +8%
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Signet Jewelers reported that same-store sales for the nine weeks that ended on December 31, 2011 and included Christmas season, rose 7.8 percent year on year. By region, same-store sales in the U.S. rose...
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Retail
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Jan 10, 2012
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Jeff Miller
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Signet Appoints Stitzer as Independent Director
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Signet Jewelers Limited appointed H. Todd Stitzer as an independent director, effective January 9, 2012. The company’s board also agreed to appoint Stitzer to serve as Signet's non-executive chairman, subject to his election as a director at the company’s 2012 annual...
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Polished Markets
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Dec 06, 2011
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Ricci Dipshan
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Signet Sales +11%, Profit Soars to $26M
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Signet Jewelers reported that sales for its third quarter rose 10.7 percent year on year to $710.5 million and cost of sales rose 7.2 percent to $480.6 million. Same-store sales rose 10.6 percent. The...
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Financial-Legal
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Nov 22, 2011
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Jeff Miller
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Crain's Cleveland Names Trabucco CFO of the Year
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Crain's Cleveland Business recognized Bob Trabucco, the chief financial officer (CFO) of Sterling Jewelers, as CFO of the Year for the medium-sized public company, retail category.Crain's CFO of the Year Awards honor top financial...
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Marketing
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Oct 28, 2011
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Jeff Miller
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Signet Approves $300M Share Repurchase Program
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Signet's board of directors authorized a share repurchase program for the repurchase of up to $300 million in common shares, the company reported. "The share repurchase program reflects the continued confidence we have in the strength of the business,...
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Retail
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Oct 26, 2011
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Deena Taylor
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Signet Details Chain-of-Custody Efforts, Obstacles to SEC
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The following oral statement from Signet Jewelers was given to the Securities and Exchange Commission's (SEC) panel on conflict minerals yesterday. SEC Roundtable on Conflict MineralsSEC File Number S7-40-10October 18, 2011Good afternoon. My name...
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Financial-Legal
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Oct 19, 2011
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Signet Jewelers
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Signet Plans Investor Day for Oct. 4
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Signet Jewelers will host an investor day on October 4 at the Empire Hotel in New York City. Interested investors will have an opportunity to interact with senior members of management and to see field operations in neighboring New Jersey....
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Financial-Legal
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Sep 20, 2011
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Jeff Miller
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Diamond News Broadcast
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Download MP3 audio.Zale released results today for its fiscal fourth quarter and fiscal year, and still reported a net loss for both periods. Nonetheless, sales improved and margins remained in check. Matt...
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Retail
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Aug 31, 2011
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Rapaport News
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Signet's 2Q Sales +11%, Profit +71% to $66M
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Signet's second-fiscal-quarter group revenue rose 10.8 percent year on year to $797.6 million while cost of sales rose only 4.2 percent to $502.8 million for the three months that ended on July 30, 2011. Same-store...
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Financial-Legal
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Aug 25, 2011
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Jeff Miller
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Signet 1Q Sales +10%, Profits +50%
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Signet Jewelers posted record sales in the first fiscal quarter driven by growth in its U.S. businesses, which has continued into the current period. “The strong sales momentum has continued into the start...
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Retail
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May 26, 2011
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Avi Krawitz
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