Signet Jewellers (NYSE: SIG) reported second-quarter 2022 financial results before the regular market hours on Thursday. The jewelry retailer reported Q2 revenue of $1.8 billion, double year-over-year and higher than the Wall Street projection. Net income of $3.57 per share was also above the target that analysts had anticipated.
SIG shares rose 6% immediately following the announcement. The stock has gained 74% since the beginning of this year.