Tiffany and Signet Are Winners in Lackluster Jewelry Industry
Posted on May 26, 2011 at 12:55 PM EDT
Tiffany (TIF) and Signet Jewelers (SIG) are expected to shine as the US jewelry industry slowly emerges from five years of tough market conditions, according to IBISWorld. IBISWorld predicted that Tiffany would be “a surefire earnings winner” this quarter, and today the company reported strong results that easily beat expectations. Despite the retailer hiking up its prices, [...]