|This Slide: #26 of 28|
Slide #26. Signet Jewelers Limited — Ultra Stores, Inc.
Signet Jewelers Limited (NYSE:SIG)
Ultra Stores, Inc.
Signet Jewelers Limited the largest specialty retail jeweler in the US and UK, announced that it has completed the acquisition of Ultra Stores, Inc. from Crystal Financial LLC and its other stockholders for approximately $57 million in cash (the "Acquisition"). Signet has not assumed any debt with the acquisition. Ultra Stores is a leading jewelry retailer with sales in its most recent fiscal year of approximately $140 million. Ultra operates 102 stores in outlet centers and through 38 other formats, primarily licensed jewelry departments.
Signet Jewelers is a holding company. Through its subsidiaries, Co. is a retailer of diamond jewelry. Co. manages its business as three reportable segments: North America, International, and Other. The North America reportable segment operates across the U.S. and Canada. Its U.S. stores operate nationally in malls and off-mall locations. The International reportable segment operates stores in the U.K., Republic of Ireland and Channel Islands. Its stores operate in shopping malls and off-mall locations (i.e. high street). The Other reportable segment consists of subsidiaries involved in the purchasing and conversion of rough diamonds to polished stones.
SIG SEC Filing Email Alerts Service
Open the SIG Page at The Online Investor »
Open the SIG Page at The Online Investor (in a new window) »
Free SIG Email Alerts:
Get SEC Filing Alerts
Get Dividend Alerts
Buy (2.80 out of 4)
(ranked lower than approx. 84% of all stocks covered)
Analysts' Target Price:
SIG Stock Forecast
Based on Zacks ABR data;
powered by Xignite