Signet Jewelers Limited (NYSE:SIG)'s potential involvement in a consortium seeking to acquire De Beers is aligned with its natural diamond strategy, UBS analysts wrote in a note. Natural diamonds made up about 40% of Signet's calendar 2025 sales, according to analysts.
Natural diamonds have lost more than half of their value over the past five years. Several drivers are conspiring against diamonds, including a glut of mined stones that hit the market over the past few years.
COLUMBUS, Ohio, Sept. 15, 2026 (GLOBE NEWSWIRE) -- Bread Financial® (NYSE: BFH), a tech-forward financial services company that provides simple, personalized payment, lending and saving solutions, today announced a long-term renewal of its relationship with Signet Jewelers Limited (NYSE: SIG).
Signet Jewelers Limited (NYSE:SIG) raised its full-year profit forecast after second-quarter earnings beat Wall Street estimates, sending shares up 20%. The jewelry retailer posted adjusted earnings per share of $2.19 for the quarter, well above analyst estimates of $1.74 and up 36% from a year earlier.
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