Signet Jewelers New Purchase and Guiding Higher, Again | SIG Stock

Signet Jewelers (SIG) is shining like a diamond today after announcing that it will acquire Diamonds Direct and raising its guidance. Signet is already the world's largest retailer of diamond jewelry and has multiple brands that serve varying price points for consumers. Its biggest three brands are Kay, Zales, and Jared. Diamonds Direct will soon be added to that roster — the deal is set to close sometime in Q4 (Jan).

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