Signet U.S. Holiday Same-Store Sales Sparkle
Signet Jewelers' (SIG) shares surged after reporting sparkling holiday sales Tuesday, helping boost the company's expectations for Valentine's Day sales. The operator of Kay Jewelers and Jared said U.S. same-store sales, those open at least a year, rose 4.7% during November and December. The holiday season typically accounts for half of Signet's profit and a third of sales. Signet shares jumped 9% intraday Tuesday. Rival high-end retailer Tiffany
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