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☆ We are seeing engagements coming back as we predicted, Signet Jewelers CEO Gina Drosos
▼ + stars: | 2024-09-12 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe are seeing engagements coming back as we predicted, Signet Jewelers CEO Gina DrososSignet Jewelers CEO Gina Drosos joins 'Mad Money' host Jim Cramer to talk partnering with U.S. Open athletes, quarterly results, post-covid engagements and more.

Persons: Gina, Gina Drosos, Jim Cramer Organizations: Signet, U.S

☆ 3-Stock Lunch: Moderna, Delta Air Lines & Signet Jewelers
▼ + stars: | 2024-09-12 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email3-Stock Lunch: Moderna, Delta Air Lines & Signet JewelersEva Ados, ERShares chief investment strategist, joins 'Power Lunch' to discuss stock plays for three stocks.

Persons: Signet Jewelers Eva Ados Organizations: Delta Air Lines, Signet Jewelers

☆ Signet Jewelers CEO Gina Drosos goes one-on-one with Jim Cramer
▼ + stars: | 2024-09-12 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSignet Jewelers CEO Gina Drosos goes one-on-one with Jim CramerSignet Jewelers CEO Gina Drosos joins 'Mad Money' host Jim Cramer to talk partnering with U.S. Open athletes, quarterly results, post-covid engagements and more.

Persons: Gina Drosos, Jim Cramer Signet, Jim Cramer Organizations: Signet, U.S

☆ Signet Jewelers CEO talks 'cautious' consumers looking to get engaged
▼ + stars: | 2024-09-12 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

In a Thursday interview with CNBC's Jim Cramer, Signet Jewelers CEO Gina Drosos described the mood of consumers looking to buy engagement rings, saying demand is there, but many are more judicious when picking out diamonds. "We thought that engagements might come back a little faster, but there is a cautious consumer," Drosos said. She added that "newness" accelerated during the quarter, and customers are responding well to new products like sculpted gold. On the conference call, Drosos said Signet saw a 50% increase in revenue from new merchandise. Signet reported a mixed quarter before Thursday's open, with management optimistic about the momentum of same-store sales.

Persons: CNBC's Jim Cramer, Gina Drosos, Drosos, Jared, Zales, Kay Jewelers, Signet Organizations: Signet, Google

☆ Wall Street mounts a comeback, and Honeywell finally hints at what may be next
▼ + stars: | 2024-09-11 | by ( Jeff Marks | ) www.cnbc.com time to read: +4 min

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB. Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street.

Persons: Jim Cramer, Jensen Huang, Goldman Sachs, Vimal Kapur, Morgan, Kapur, We've, Jim Cramer's, Jim Organizations: CNBC, Nasdaq, Club, Nvidia, Broadcom, Nvidia's, Technology Conference, Honeywell, Laguna Conference, Signet Jewelers, Jim Cramer's Charitable Locations: Kroger

☆ Stocks making the biggest moves midday: Broadcom, Signet, Dave & Buster's and more
▼ + stars: | 2024-06-13 | by ( Sean Conlon | ) www.cnbc.com time to read: +4 min

Analysts polled by LSEG expected earnings of $10.84 per share and revenue of $12.03 billion. Signet Jewelers – Shares plummeted more than 13% on the heels of the company reporting mixed earnings results for the first quarter. Analysts polled by FactSet had expected earnings of 85 cents per share and revenue of $1.52 billion. The company reported revenue of $588 million, which is below the $621 million analysts had expected, per LSEG. Analysts had expected earnings of $2.68 per share and revenue of $404.8 million, according to FactSet.

Persons: LSEG, Signet, FactSet, Buster's, Tommy Bahama, Clark, Elon Musk, Oppenheimer, Ulta, Generac, Janney Montgomery Scott, Sean Milligan, Alex Harring, Michelle Fox, Sarah Min, Darla Mercado Organizations: Broadcom –, Computer, Arista Networks, Nvidia, Signet, Company, Galactic, Oxford Industries, Bank of America, Ford, Barclays, Paramount, Amusements, Paramount Global, Warner Bros, –, Liberty Global Locations: Texas

☆ Is a recession coming? Economists say look at women’s lips
▼ + stars: | 2024-06-09 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +9 min

Estee Lauder chairman Leonard Lauder created the lipstick index during the economic downturn following September 11, 2001. In fall 2001, US lipstick sales increased by 11%. “The lipstick index has been substituted with the moisturizing index,” said Freda. But data shows that more expensive prestige beauty sales are outpacing mass, lower-priced beauty sales. What do you see dominating the beauty market in the second half of the year?

Persons: Estee Lauder, Leonard Lauder, Fabrizio Freda, ”, Freda, “, Sephora, Bell, Neela Montgomery, Laura Mercier, We’ve, it’s, Skincare, It’s, we’re, Inflection’s, OpenAI, Sarah Myers West, ” West, Brian Fung, Jerome Powell, Price Organizations: CNN Business, Bell, New York CNN, CNN, Federal Trade Commission, Microsoft, FTC, Justice Department, Google, Nvidia, DOJ, US Department of Treasury, OPEC Monthly, Federal Reserve, US Bureau of Labor Statistics, Signet Jewelers, Federal Locations: New York, Asia

☆ Here are the 5 things we’re most focused on in the stock market this busy week
▼ + stars: | 2024-06-08 | by ( Zev Fima | ) www.cnbc.com time to read: +5 min

All three major averages closed higher for the week, shrugging off Friday's hotter than expected jobs report. No portfolio names reported this week, but we will hear from one last stock next week. Last quarterly Club stock report : Broadcom reports on Wednesday after the closing bell. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade.

Persons: Nonfarm, Dow Jones, FactSet, We'll, we've, Jerome Powell, Siri, Jim Cramer's, Jim Cramer, Jim, Tim Cook, Justin Sullivan Organizations: Dow Jones Industrial, Nasdaq, Dow, Labor Department, Federal Reserve, Technology, Utilities, PPI, Broadcom, VMWare, Apple's, Sports, GameStop, Oracle, Casey's, Buster's Entertainment, Oxford Industries, Signet Jewelers, SIG, Jim Cramer's Charitable, CNBC, Apple, Apple Worldwide Locations: FactSet, Cupertino , California

☆ Jim Cramer's week ahead: Fed meeting and CPI report
▼ + stars: | 2024-06-07 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

CNBC's Jim Cramer on Friday guided investors through next week's most market-moving events, highlighting the Federal Reserve's meeting and the latest consumer price index report. Nvidia will implement its 10-for-1 stock split, and Cramer said shares might drop on Monday as buyers take profits. Oracle reports on Tuesday, and Cramer said he's not sure how this enterprise software company will fare. Casey's General Stores will also report that day, and Cramer said business is strong and the stock has been "a total winner." In that vein, the Fed will likely leave rates higher for longer at its Wednesday meeting, Cramer said.

Persons: CNBC's Jim Cramer, Jay Powell, Eli Lilly, Cramer, Eli Lilly's, he's, hasn't, nonfarm, He'll Organizations: Nvidia, Apple, Apple's, Conference, Vision Pro, FDA, Oracle, Casey's, Broadcom, Signet, Adobe Locations: Figma

☆ The Fed's rate decision and May inflation data will be key tests for the stock market next week
▼ + stars: | 2024-06-07 | by ( Samantha Subin | ) www.cnbc.com time to read: +6 min

The next rate decision from the Federal Reserve coupled with May inflation data, both on Wednesday, will play key roles in how stocks perform next week — quite probably lending added volatility to an already jittery market. The Fed's rate decision All eyes are on the Fed next week and its rate decision that's set to come down at 2 p.m. Wednesday. But investors have tempered expectations since then amid a spate of stubborn inflation data. That makes May's consumer price index report due out before the bell Wednesday another key focal point for investors. Economists polled by Dow Jones are bracing for the consumer price index to rise 3.4% year over year and 0.1% on a monthly basis.

Persons: nonfarm, Kathryn Kaminski, Scott Wren, they've, it's, Tony Roth, Envestnet's Dana D'Auria, D'Auria, Dow Jones, Wells, Wren, John Belton, Apple, Jerome Powell, John Wiley Friday Organizations: Federal, Nvidia, Apple, Microsoft, GameStop, Dow, AlphaSimplex Group, Fed, Federal Open Market, European Central Bank, European Union, Wells Fargo Investment, Wilmington Trust's, CPI, Apple's Worldwide, Broadcom, Dave, Treasury, Signet Jewelers, University of Michigan Locations: Wells Fargo, Cupertino , California

☆ Stocks making the biggest moves midday: Intel, Spotify, Ulta Beauty and more
▼ + stars: | 2024-04-03 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

Spotify Technology – The music-streaming company popped more than 8%. Bloomberg reported that Spotify is upping prices for its premium subscription service within several markets, including the U.S. Ford Motor announced that first-quarter U.S. sales rose 7% from a year ago, while electric vehicle sales jumped 86%. SoFi Technologies – Shares of the financial technology company rose 4.7% after Needham initiated coverage with a buy rating . GE Aerospace – GE Aerospace surged more than 6%, a day after the conglomerate once known as General Electric completed the spinoff of its power business.

Persons: Ulta, Dave, Buster's, Wells, Tesla, Nelson Peltz, Needham, —, Alex Harring, Hakyung Kim, Tanaya Macheel, Jesse Pound Organizations: Intel, Spotify Technology, Bloomberg, Spotify, U.S, Cal, Disney – Disney, Signet, Ford, Ford Motor, GE Aerospace – GE Aerospace, Electric, GE Vernova, New York Stock Exchange Locations: Cal, Maine

☆ It’s not you, it’s them: Engaged couples are cutting back on lavish weddings
▼ + stars: | 2024-03-17 | by ( Samantha Delouya | ) edition.cnn.com time to read: +7 min

The obsession with lavish weddings grew to a fever pitch in the years following the start of the Covid-19 pandemic. That’s bad news for wedding vendors who provide services like videography, photo booths and catering. Meanwhile, those vendors are facing a more worrisome existential threat: a looming drop in the overall number of weddings. But she said that so far in 2024, weddings are “cooling a bit.”A recent wedding where Gabrielle Stone served as the planner. In another life, some of those would-be couples who never met in 2020 could have gotten engaged this year.

Persons: ”, Shane McMurray, What’s, McMurray, Gabrielle Stone, ” Stone, Stone, Kay, Jared, Gina Drosos, “, Z, ” McMurray, Toni Burrowes, Burrowes, didn't, Toni Burrowes “, Alyssa Young, We've, Alyssa Young “, it’s, ” Young, It’s Organizations: CNN, Signet Jewelers, Kay Jewelers, Signet, Alpha, University of Virginia, Brigham Young University, Bureau of Labor Statistics Locations: Boston, Zales, Central Florida, San Antonio, Texas

☆ The 2 biggest events for Wall Street next week couldn’t be more different
▼ + stars: | 2024-03-16 | by ( Zev Fima | ) www.cnbc.com time to read: +6 min

Investors will listen for the central bank's latest perspective on interest rates following the hotter-than-expected CPI and PPI reports this week. As members know, the market is looking for any signs of further disinflation in the housing market as shelter cost inflation remains the Fed's biggest concern. No club names report earnings next week, but we can't wait to see what Nvidia has to show us at its GTC AI developer conference . Other key reports include KB Home on Wednesday, which will provide a real-time look at the state the housing market, unlike the backward-looking housing reports. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: we'll, That's, Jerome Powell's, We're, Jensen, Jim Cramer, Huang, He'll, Lululemon, General Mills, OLLI, LULU, Jim Cramer's, Jim, Jerome Powell, Leah Millis Organizations: Dow, Nasdaq, PPI, Nvidia, Blackwell, CNBC, Micron Technology, Citi, Micron, Broadcom, Nike, FedEx, Music Entertainment, ZTO, Signet Jewelers, SIG, Sportradar, Micron Tech, KB, Worthington Industries, Accenture, Darden, Academy Sports &, Lufax, Brands, Winnebago Industries, Commercial Metals Company, Jim Cramer's Charitable, U.S . Federal, Federal, Market Locations: U.S, California, China, Washington , U.S

☆ Lightning Round: Commercial Metals is a winner, says Jim Cramer
▼ + stars: | 2024-02-29 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLightning Round: Commercial Metals is a winner, says Jim Cramer'Mad Money' host Jim Cramer weighs in on stock including: SIgnet Jewelers, Equinix, Infosys, Commercial Metals and more.

Persons: Jim Cramer Organizations: Metals, SIgnet, Infosys, Commercial Metals Locations: Equinix

☆ Cramer's Lightning Round: Signet Jewelers is a winner
▼ + stars: | 2024-02-29 | by ( Julie Coleman | ) www.cnbc.com time to read: 1 min

Equinix : "I can't recommend it, it's just up so much...But I do like it very much." Arm : "There is going to be what's known as a lock-up expiration where Softbank is going to be able to sell a lot of stock...If you want to buy some right now and then wait for that lock-up to end."

Persons: it's

☆ Done with diamonds? Gemstone engagement rings are capturing hearts and market share
▼ + stars: | 2024-02-14 | by ( Courtney Reagan | ) www.cnbc.com time to read: +4 min

"We're seeing a shift in much larger center stone engagement rings, primarily as a result of lab-grown diamonds, and sapphires and rubies tend to be very hot," Daga said. A decade ago, about 5% of engagement rings were colored gemstones, according to Daga. watch nowIndustry giant Signet Jewelers is seeing the same gemstone trend in the wedding category as well as in fashion pieces. Beyond engagement rings, Signet said amethyst and ruby are always popular stones for the Valentine's season. Solidcolours | Istock | Getty ImagesWholesale prices for sapphire gemstones are up 12% per year over the past three years, Daga said.

Persons: Craig Hastings, Ankur Daga, Daga, Jared, Kay, Signet, Beth Gerstein, Gerstein, Boonyakiat, Tourmalines Organizations: Industry, Signet, Getty, Istock, Rolex Locations: London, Madagascar, Angara, Kashmir, Sri Lanka, Zambia, Colombian

☆ Jim Cramer goes one-on-one with Signet Jewelers CEO Gina Drosos
▼ + stars: | 2023-12-05 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailJim Cramer goes one-on-one with Signet Jewelers CEO Gina DrososSignet Jewelers CEO Gina Drosos joins 'Mad Money' host Jim Cramer to talk the engagement market, Black Friday traffic, appealing to a younger market and more.

Persons: Jim Cramer, Gina, Gina Drosos Organizations: Signet

☆ Signet Jewelers CEO Gina Drosos: 80% of unmarried Gen Z and Millennials want to get engaged
▼ + stars: | 2023-12-05 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSignet Jewelers CEO Gina Drosos: 80% of unmarried Gen Z and Millennials want to get engagedSignet Jewelers CEO Gina Drosos joins 'Mad Money' host Jim Cramer to talk the engagement market, Black Friday traffic, appealing to a younger market and more.

Persons: Gina Drosos, Gen Z, Jim Cramer Organizations: Signet

☆ Signet Jewelers CEO says the 'engagement trough' triggered by Covid has passed, marriage proposals are coming back
▼ + stars: | 2023-12-05 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Signet Jewelers CEO Gina Drosos told CNBC's Jim Cramer on Tuesday that marriage proposals are finally on the rise, years after Covid disrupted typical dating patterns and hurt the company's business. "We know a lot about dating couples, and so we feel quite confident that our predictions are right, and that the engagement trough has happened," Drosos said. Bridal jewelry, especially engagement rings, makes up about 50% of Signet's sales, said Drosos. The company attributed poor sales in recent years to the slowed dating and stalled relationships brought on by isolation during the pandemic. Signet's surveys also suggest that younger generations have a greater desire to get engaged than in years past, she added.

Persons: Gina Drosos, CNBC's Jim Cramer, Drosos, Jared, Zales, Kay Jewelers, Tuesday's, Z, aren't Organizations: Signet, Google

☆ Signs of a sector rotation — plus 2 more themes to watch in the stock market
▼ + stars: | 2023-12-02 | by ( Zev Fima | ) www.cnbc.com time to read: +7 min

Historically, November is the best month of the year for the stock market, and December is third, according to the Stock Trader's Almanac. Under the surface this week, we also saw signs of a possible market rotation in the works. Rotation watch : We must look to next week's trading for confirmation that we're in the grips of a rotation or simply a head fake. Signs of the former were on display this week as the two of the biggest sector winners of the year, communication services and technology , trailed the market. Jobs, jobs, jobs : The most important release of the week comes Friday in the form of the November nonfarm payrolls report.

Persons: Jerome Powell, That's, Locker, it's, Hock Tan, We'll, Joann, JOAN, JM Smucker, OLLI, Campbell Soup, Brown, Forman, LULU, Smith, Jim Cramer's, Jim Cramer, Jim, Spencer Platt Organizations: Wall, Dow, Nasdaq, Federal, Broadcom, Marvell Technology, Cisco Systems, VMWare, Club, PMI, Labor, Signet Jewelers, SIG, Brands, Toll, Thor Industries, Natural Foods, GameStop, Vail Resorts, MTN, Smith & Wesson, Jim Cramer's Charitable, CNBC, New York Stock Exchange, Getty Locations: Asana, ASAN, New York City

☆ A diamond engagement ring is an ‘emotional purchase,’ analyst says. Here's what to know about lab-grown vs. natural gems
▼ + stars: | 2023-11-17 | by ( Ana Teresa Solá | ) www.cnbc.com time to read: +3 min

However, unlike natural diamonds, lab-grown stones don't increase in value at all. Natural diamonds were 'a winner' during the pandemicMan proposing to his girlfriend on Christmas Eve. Shoppers will also need to consider that the supply of natural diamonds is declining as the world runs out of resources, he added. Man-made diamonds might come to be considered "costume jewelry" in the future, said Benjamin Khordipour, manager of Estate Diamond Jewelry in New York. "People looking to buy an engagement ring or a piece of fine jewelry are going to continue to want natural diamonds."

Persons: Bryan Miguel, Zimnisky, Martin, Kay Jewelers, Benjamin Khordipour Organizations: Signet, Signet Jewelers, Jewelry Locations: U.S, Zales, New York

☆ Gas prices are unusually high. Here's why you shouldn't worry
▼ + stars: | 2023-09-18 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +9 min

Instead, gasoline prices are getting more expensive and are just pennies away from their highest level so far this year. Are rising oil prices another item to add to the list? How high do you think oil prices will go? When you adjust for inflation, oil isn’t that high right now. I think that we are going to see continued high prices for a lot of stuff, including gasoline, but I don’t think we’re gonna see an acceleration in prices.

Persons: David Kelly, Bell, Kelly, it’s, we’re, We’ve, — aren’t, Eva Rothenberg, Sen, Bernie Sanders, CNN’s Jake Tapper, “, ”, Jared, Kay Jewelers, Parija Kavilanz, Virginia Drosos Organizations: CNN Business, Bell, New York CNN, Federal Reserve, Asset Management, Strategic Petroleum Reserve, Federal, UAW, United Auto Workers, General Motors, Ford, Vermont Independent, Signet Jewelers, Signet, Diamonds, Goldman, Global Retailing Conference Locations: New York, Saudi Arabia, Russia, Libya, Ukraine, Gulf of Mexico, United States, Nile

☆ After 2023 wraps up, get ready for a spike in wedding proposals
▼ + stars: | 2023-09-17 | by ( Parija Kavilanz | ) edition.cnn.com time to read: +3 min

This trend then created an “engagement gap” since couples get engaged, on average, about 3.25 years after they begin dating, according to Signet’s proprietary data. About 2.8 million couples, on average, get engaged every year in the United States, said Drosos. Last year, the number slipped to 2.5 million. In 2024, Signet expects engagements will reach 2.4 to 2.5 million. Courtesy of Zales/KAY JewelersDrosos said Signet is able to closely track the yearly engagement cycle because of its customer data platform.

Persons: Jared, Kay Jewelers, “ Covid, Covid, ”, Virginia Drosos, Kay, Neil Lane, KAY Jewelers Drosos, Signet, “, ” Drosos, Drosos Organizations: New, New York CNN, Signet Jewelers, Signet, Diamonds, Goldman, Global Retailing Conference, ” Locations: New York, United States, Nile, Texas, Florida, California

☆ 'We're not going anywhere.' David's Bridal's CEO reveals what's next for the company after its second bankruptcy.
▼ + stars: | 2023-09-16 | by ( Jennifer Ortakales Dawkins | ) www.businessinsider.com time to read: +11 min

David's Bridal filed for bankruptcy in April and was sold in July to Cion Investment Corp.CEO Jim Marcum is optimistic about David's Bridal's future. David's Bridal filed for bankruptcy in April , the second time in five years. Jim Marcum became the CEO of David's Bridal in 2019. There's been a lot going on with David's Bridal recently. David's Bridal dresses range from $199 to $2,000, Marcum said.

Persons: David's, Jim Marcum, Marcum, that's, Jennifer Ortakales Dawkins, There's, We've, it's, They'd, we've, That's, Randy Brooke, David Bridal, I've, Spencer Platt, Pearl, there's, didn't, they've, We're Organizations: Cion Investment Corp, Service, Signet Jewelers, David's, Walmart Locations: Wall, Silicon, Suez, Baltimore, United States, America

☆ Signet Jewelers went through a rough patch but its in better shape, says Jim Cramer
▼ + stars: | 2023-09-08 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

Signet Jewelers went through a rough patch but its in better shape, says Jim Cramer'Mad Money' host Jim Cramer talks Signet Jewelers and whether its a good buying opprotunity.

Persons: Jim Cramer Organizations: Signet, Signet Jewelers

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