Hints and tips:
...Earnings: Zales parent Signet Jewelers will report before the opening bell. Discount store Five Below, pet retailer Chewy, homebuilder Kb Home and chipmaker Micron will report after the bell....
...In May, Signet Group, which acquired decade-old jewellery rental subscription business Rocksbox in 2021, launched a co-branded jewellery rental service at 28 of its Zales stores in the US....
...The parent company of Zales and Kay Jewelers expects total sales of $7.1bn-$7.3bn in its current fiscal year, compared with previous forecasts of $7.67bn-$7.84bn....
...Shares in the mall-based retailer behind Kay Jewelers and Zales fell more than 23 per cent to $25.60, touching their lowest intraday level since December 2009....
...Signet, the group behind the jewellery brands Kay, Zales and Jared, has been much harder hit. The shares have lost about three-quarters of their value over the past three years....
...The Bermuda-based company behind brands like Zales and Kay Jewelers, said second quarter same-store sales, a key gauge of online and sales in stores open at least a year, rose 1.7 per cent from a year ago...
...Shares in Signet Jewelers, the company behind brands like Zales and Kay Jewelers, were up nearly 20 per cent to $52.97 eyeing their biggest one-day gain since January 2003 after the company said same-store...
...Then what’s in store for me? And the light undid itself, separating out the grain of the stone into a dull, disparate yellowish-grey, the texture of cloth before fulling....
...It owns stores including Zales, Piercing Pagoda and Kay Jewelers — which became staples in American shopping malls throughout the 1990s and 2000s, helped by the jingle “Every kiss begins with Kay”....
...Signet Jewelers shares clocked their biggest one-day drop in 25 years after the company behind Kay Jewelers and Zales lowered its earnings outlook for the year as the S&P 500 index broke through the 2,600...
...Signet Jewelers, the company behind Kay Jewelers and Zales, soared 16.7 per cent to $60.54 after it too reported a 1.4 per cent rise in same-store sales....
...In March, retail giant Signet Jewelers, which owns Kay Jewelers and Zales, became the S&P 500’s worst performer so far this year....
...Signet Jewelers shares rose on Tuesday after the chain behind Kay Jewelers and Zales raised its full-year forecast and said the decline in quarterly sales was not as steep as feared as fashion diamonds and...
...While the owner of the Jared Galleria and Zales chains has denied and fended off the accusations of gem swapping or losses at its Kay stores, some analysts are concerned about its ability to continue to...
...Lower-end peer Zale Corp reported a 2 per cent rise in comparable-store sales for the same period, driven by higher sales at its Zales Jewelers and Zales Outlet stores....
...Zales, in the middle of a turnround, reported a 6 per cent increase in its comparable store sales in the three months ended July 31....
...Cartier had a pop-up store and exhibition in London’s Selfridges Wonder Room last year, while its video advertisement, L’Odyssée de Cartier, garnered more than 16m views on YouTube....
...with more than 750 stores....
...By contrast, Zale’s, a mass- market chain of jewellery stores, has seen its 2010 sales lag behind its comparable figures for 2009....
...The pressures on mall-based jewellers have been manifest at Zale’s, the jewellers, which said over Christmas that plans to review its business after its 1,900 stores in the US and Canada reported an 18 per...
...Zales, the mid-range jewellery chain is reported to be in talks with several private equity firms about selling a stake....
...Zales, the second largest US jewellery operator recently announced the closure of 118 stores....
...Zales, the largest US jewellery chain with over 2,000 stores, announced last month it was closing 115 stores and reducing inventory as it announced an 18 per cent fall in comparable sales during the holiday...
...“This holiday period was the most difficult in memory,” said Neal Goldberg, chief executive of Zales, the jewellers, as his group reported a 19.5 per cent fall in comparable sales for November and December...
...Major retailers, such as Home Depot, Zales and Starbucks are also closing stores, and others such as JC Penney are holding back on renewing existing leases or store openings....
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