This Value Stock Has a Surprising Tailwind Around The Corner. Time To Buy?
Signet Jewelers (NYSE: SIG) doesn't get much attention on Wall Street, but the stock has performed well in a difficult environment, especially considering the cyclical nature of the jewelry industry. Could shares of the jewelry retailer continue to shine? Overall revenue was down 5.2% to $2.67 billion, which edged out consensus estimates of $2.65 billion, and the company gained 40 basis points of market share.