NEW YORK, NY / ACCESS Newswire / January 22, 2025 / Levi & Korsinsky notifies investors that it has commenced an investigation of Signet Jewelers Limited ("Signet") (NYSE:SIG) concerning possible violations of federal securities laws.
On January 14, 2025, Signet issued a press release announcing the company’s holiday sales results, comprising the 10-week period ending January 11, 2025, and significantly underperformed compared to expectations. Signet blamed the underperformance on a slump in fashion gifting "as consumers gravitated to lower price points even more than anticipated in a continued competitive environment." Due to the impact of the company’s poor holiday performance, Signet reduced its guidance across the board for the current fourth quarter of fiscal year 2025.
Following this news, Signet’s stock price fell by $17.98 per share and is currently trading at $56.06 per share.
To obtain additional information, go to:
https://zlk.com/pslra-1/signet-jewelers-limited-lawsuit-submission-form?prid=124289&wire=1
or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212)363-7500.
WHY LEVI & KORSINSKY: Over the past 20 years, Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services’ Top 50 Report as one of the top securities litigation firms in the United States. Attorney Advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 17th Floor
New York, NY 10004
jlevi@levikorsinsky.com
Tel: (212)363-7500
Fax: (212)363-7171
https://zlk.com/
SOURCE: Levi & Korsinsky, LLP
View the original press release on ACCESS Newswire
COMTEX_462086606/2457/2025-01-22T07:26:29