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Signet Jewelers has a pretty good idea when you’ll get engaged

Por: MarketWatch Business August 31, 2023

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Signet said sales for the quarter to July 29 fell 8.1% from a year ago and have now declined for three straight quarters, as the COVID-related disruptions to dating that started three years ago have led to “significantly” fewer engagements. That’s a big deal for Signet, because bridal sales historically represent nearly half of all merchandise sales for the company. The good news, Chief Executive Gina Drosos said on the post-earnings... + full article



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