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Signet Jewelers misses expectations

2015-11-25 06:48:02| Jewelry - Topix.net

Signet Jewelers Ltd. swung to a profit in its third quarter, through results missed expectations as the company's lower-priced Kay brand drove sales. Bermuda-based Signet last year struck a deal to buy rival Zale Corp. for $1.46 billion, a move that resulted in one of the largest global specialty jewelry retailers.

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