noting that of the retailers held in this ETF, the vast majority are classified as specialty retailers (such as Signet Jewelers SIG and Tiffany TIF), which by definition are not defensive and instead very sensitive to consumer confidence
low debt levels. They run a concentrated fund of 35 names with top holdings including O'Reilly Automotive ORLY, Signet Jewelers SIG, and CarMax KMX, each being about a 7% weighting. The fund is overweight industrials and consumer cyclical
fall in popularity in any one season. Additionally, some investors had bid Tiffany shares up recently, based on Signet Jewelers ' (parent of Kay and Jared brands) recent announcement of 4.8% and 5.8% positive same-store sales results
(Reuters) - Signet Jewelers Ltd reported brisk holiday season sales at both of its major U.S. chains, the mid-priced Kay Jewelers and the higher end Jared stores, and said business has remained good...
(Adds Vivendi, Manulife Financial, IDB Holding, Amplifon, Marathon Oil and Signet Jewelers )
(Reuters) - Signet Jewelers Ltd posted a larger-than-expected quarterly profit on Thursday, with big gains at its mid-priced Kay Jewelers chain spurring renewed sales momentum.
(Reuters) - Signet Jewelers Ltd , parent of Kay Jewelers and H.Samuel, gave a quarterly sales forecast that suggested its torrid pace of growth was slowing, hurt by weakness at its British retail...
NEW YORK (Reuters) - Signet Jewelers Ltd reported a higher-than-expected quarterly profit as U.S. shoppers flocked to both its mid-tier Kay Jewelers and upscale Jared chains despite higher prices.
NEW YORK (Reuters) - Signet Jewelers Ltd reported a higher-than-expected holiday quarter profit and said its Kay Jewelers and more upscale Jared chain have continued their streak of sales gains...
quarter, buoyed by the improved demand for luxury items worldwide. Tiffany, which faces stiff competition from Signet Jewelers Limited ( SIG ) and Zale Corporation ( ZLC ) , posted net sales of $1,101.2 million during the quarter, up 12