News Formal

Signet Jewelers CEO Says Tough Economic Times Are an Opportunity to Capture More Market Share

  • 📰 nbcchicago
  • ⏱ Reading Time:
  • 42 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 51%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

“Tough economic times are another opportunity for us to grow share, thus our acquisition of Blue Nile,” Signet CEO Gina Drosos told CNBC.

"Tough economic times are another opportunity for us to grow share, thus our acquisition of Blue Nile," Signet Jewelers CEO Gina Drosos told CNBC.

The comments in a"Mad Money" interview came after Signet reported second-quarter results earlier in the day.can continue to expand its market share even as the U.S. economy slows and inflation weighs on consumers, CEO Gina Drosos told CNBC on Thursday. The comments in a"Mad Money" interview came after Signet reported second-quarter results earlier in the day. While earnings per share topped estimates and revenue met expectations, the company's same-store sales fell 8.2% year over year. Wall Street had been expecting a 5.3% decline, which may have contributed to the stock's 12% tumble Thursday.

However, Drosos maintained an upbeat outlook for the parent firm of Zales and Kay Jewelers, suggesting near-term headwinds related to inflation do not change the long-term story.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 545. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

These 2 dividend-stock funds use different strategies that work well in tough market timesWhat stocks should you buy amid high interest rates? Focus on these strong, competitive businesses that can remain profitable and “press their advantages during tougher times,” this fund manager said.
출처: MarketWatch - 🏆 3. / 97 더 많은 것을 읽으십시오 »