Signet surges on surprising sales growth, on pace for best day in 22 years
August 30, 2018 at 14:58 PM EDT
Shares of Signet surged more than 25 percent Thursday after the jewelry retailer reported better-than-expected results and boosted its full-year outlook. The owner of Kay Jewelers, Zales and Jared jewelry stores doubled earnings expectations and posted revenue well above forecasts.