Signet Jewelers Ltd, the largest specialized jewelry retailer in the US and UK, announced the results of the third financial quarter, which ended on November 2, 2013. US sales grew by almost 10% and exceeded $ 632 million.
"We are pleased with the results of the third quarter, which improved due to sales in Kay stores by 5.8%. I would like to thank all Signet employees for their contribution to the development of the company, "said Mike Barnes, CEO of the company.
Signet's total sales in the third fiscal quarter amounted to $ 771.4 million, which is $ 55 million, or 7.7%, more than the same period last year.
Aggregate online sales of the company reached $ 22.8 million and grew by $ 3.2 million, demonstrating an increase of 16%. The US accounts for $ 16.2 million (more than 70%) of sales made through the Internet.