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2Vote!

Signet profit falls 37%, sees tough short-term environment

LONDON (MarketWatch) -- Jewelry retailer Signet Group said Wednesday that its first-half net profit fell 37% to $43.8 million, or 2.6 cents a share, from $69.2 million, or 4 cents a share, a year earlier. Sales for the period fell around 1% to $1.59 billion. The group said comparable sales fell 3.4% as it also left its interim dividend unchanged at 0.96 cents a share. "In the short term, the consumer...

1Vote!

Signet Reports Half Year Results

LONDON, Sept. 3 -- Signet Group plc (LSE and NYSE: SIG), the world's largest speciality retail jeweller, today announced unaudited half year results for the 26 weeks ended 2 August 2008. Group profit before ta...

1Vote!

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.

+Vote!

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.

+Vote!

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,...

1Vote!

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...

+Vote!

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.

+Vote!

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...

+Vote!

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...

+Vote!

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...

+Vote!

Signet cuts outlook as sales suffer

Signet Group on Thursday became the latest victim of the painful Christmas trading period as the world's biggest jeweller disclosed a sharp drop in sales over last few weeks on both sides of the Atlantic and downgraded expectations for the year.

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Signet profit may disappoint after poor Christmas

LONDON (Reuters) - Signet Group , the world's biggest speciality jewellery retailer, said trading over the key Christmas period was weak and full-year profit could be below current market forecasts.

+Vote!

Signet December same-store sales down 6.8%

LONDON (MarketWatch) -- Signet Group , the operator of Kay Jewelers in the U.S. and H. Samuel in the U.K., said December same-store sales fell 6.8%, with a 8.1% drop in the U.S. and a 3.1% fall in the U.K. It expects annual profit before tax to range between $330 million and $340 million. Signet separately said it may become a domestic issuer for U.S. Securities and Exchange Commission purposes because...