Signet Jewelers Ltd

NYSE:SIGUnited States

Today

Show headlines and story abstract

• DJ Signet Jewelers Stock Tumbles as CEO Drosos to Retire -- Barrons.com, from 1 hour ago by Dow Jones

  1 hour ago by Dow Jones
  Companies Mentioned: SIG
  
  By Emily Dattilo and Sabrina Escobar
  
  Shares of Signet Jewelers traded sharply lower after the jewelry company announced CEO Virginia Drosos would be retiring on Nov. 4.
  
  

• DJ Signet Jewelers Stock Tumbles as CEO Drosos to Retire -- Barrons.com, from 4 hours ago by Dow Jones

  4 hours ago by Dow Jones
  Companies Mentioned: SIG
  
  By Emily Dattilo
  
  Shares of Signet Jewelers traded sharply lower after the jewelry company announced CEO Virginia Drosos would be retiring on Nov. 4.
  
  Signet appointed J.K. Symancyk, who most recently served as the chief executive of PetSmart, to succeed Drosos. He also will join the board of Signet.
  

• Signet Jewelers Names J.K. Symancyk as CEO, from 6 hours ago by MT Newswires

  6 hours ago by MT Newswires
  Companies Mentioned: SIG
  09:54 AM EDT, 10/01/2024 (MT Newswires) -- Signet Jewelers (SIG) said Tuesday that it appointed J.K. Symancyk as the new chief executive. Symancyk, previously the CEO of PetSmart, will succeed Virginia C. Drosos, who plans to retire on Nov. 4. After...

• Signet Jewelers CEO Virginia C. Drosos Announces Plans to Retire in November 2024, from 7 hours ago by PR Newswire

  7 hours ago by PR Newswire
  Companies Mentioned: SIG

  J.K. Symancyk Appointed Company's Next CEO

  Joan Hilson Appointed to Expanded Role of Chief Financial and Operating Officer

  Leadership Transition is Culmination of Board's Long-Term Succession Planning

• Signet Jewelers CEO Virginia C. Drosos Announces Plans to Retire in November 2024, from 7 hours ago by Dow Jones

  7 hours ago by Dow Jones
  Companies Mentioned: SIG
  
  overall economy; financial market risks; a decline in consumer discretionary spending or deterioration in consumer financial position; disruptions in our supply chain; our ability to attract and retain labor; our ability to optimize our transformation strategies; changes to regulations relating to customer credit; disruption in the availability of credit for customers and customer inability to meet credit payment obligations, which has occurred and may continue to deteriorate; our ability to achieve the benefits related to the outsourcing of the credit portfolio, including due to technology disruptions and/or disruptions arising from changes to or termination of the relevant outsourcing agreements, as well as a potential increase in credit costs due to the current interest rate environment; deterioration in the performance of individual businesses or of our market value relative to its book value, resulting in further impairments of long-lived assets or intangible assets or other adverse financial consequences; the volatility of our stock price; the impact of financial covenants, credit ratings or interest volatility on our ability to borrow; our ability to maintain adequate levels of liquidity for our cash needs, including debt obligations, payment of dividends, planned share repurchases (including future Preferred Share conversions, execution of accelerated share repurchases and the payment of related excise taxes) and capital expenditures as well as the ability of our customers, suppliers and lenders to access sources of liquidity to provide for their own cash needs; potential regulatory changes; future legislative and regulatory requirements in the US and globally relating to climate change, including any new climate related disclosure or compliance requirements, such as those recently issued in the state of California or adopted by the SEC; exchange rate fluctuations; the cost, availability of and demand for diamonds, gold and other precious metals, including any impact on the global market supply of diamonds due to the ongoing Israel-Hamas conflict, the potential sale or divestiture of the De Beers Diamond Company and its diamond mining operations by parent company Anglo-American plc, and the ongoing Russia-Ukraine conflict or related sanctions; stakeholder reactions to disclosure regarding the source and use of certain minerals; scrutiny or detention of goods produced in certain territories resulting from trade restrictions; seasonality of our business; the merchandising, pricing and inventory policies followed by us and our ability to manage inventory levels; our relationships with suppliers including the ability to continue to utilize extended payment terms and the ability to obtain merchandise that customers wish to purchase; the failure to adequately address the impact of existing tariffs and/or the imposition of additional duties, tariffs, taxes and other charges or other barriers to trade or impacts from trade relations; the level of competition and promotional activity in the jewelry sector; our ability to optimize our multi-year strategy to gain market share, expand and improve existing services, innovate and achieve sustainable, long-term growth; the maintenance and continued innovation of our OmniChannel retailing and ability to increase digital sales, as well as management of digital marketing costs; changes in consumer attitudes regarding jewelry and failure to anticipate and keep pace with changing fashion trends; changes in the costs, retail prices, supply and consumer acceptance of, and demand for gem quality lab-created diamonds and adequate identification of the use of substitute products in our jewelry; ability to execute successful marketing programs and manage social media; the ability to optimize our real estate footprint, including operating in attractive trade areas and accounting for changes in consumer traffic in mall locations; the performance of and ability to recruit, train, motivate and retain qualified team members --- particularly store associates in regions experiencing low unemployment rates and key executive talent during periods of leadership transition, such as the recent appointment of a new Chief Executive Officer; management of social, ethical and environmental risks; ability to deliver on our environmental, social and governance goals; the reputation of Signet and its banners; inadequacy in and disruptions to internal controls and systems, including related to the migration to new information technology systems which impact financial reporting; risks associated with the Company's use of artificial intelligence; security breaches and other disruptions to our or our third-party providers' information technology infrastructure and databases; an adverse development in legal or regulatory proceedings or tax matters, including any new claims or litigation brought by employees, suppliers, consumers or shareholders, regulatory initiatives or investigations, and ongoing compliance with regulations and any consent orders or other legal or regulatory decisions; failure to comply with labor regulations; collective bargaining activity; changes in corporate taxation rates, laws, rules or practices in the US and other jurisdictions in which our subsidiaries are incorporated, including developments related to the tax treatment of companies engaged in Internet commerce or deductions associated with payments to foreign related parties that are subject to a low effective tax rate; risks related to international laws and Signet being a Bermuda corporation; risks relating to the outcome of pending litigation; our ability to protect our intellectual property or assets including cash which could be affected by failure of a financial institution or conditions affecting the banking system and financial markets as a whole; changes in assumptions used in making accounting estimates relating to items such as extended service plans; or the impact of weather-related incidents, natural disasters, organized crime or theft, increased security costs, strikes, protests, riots or terrorism, acts of war (including the ongoing Russia-Ukraine and Israel-Hamas conflicts), or another public health crisis or disease outbreak, epidemic or pandemic on our business.