NYSE:SIGSpecialty Retail
U.S. India Tariff Cut Puts Focus On Signet Jewelers Margins And Valuation
The U.S. and India have agreed to reduce tariffs on Indian imports into the U.S.
This tariff change is expected to affect companies that source inventory from India, including Signet Jewelers (NYSE:SIG).
The agreement is seen as directly relevant to Signet’s cost of goods and overall profitability profile.
Signet Jewelers, which operates well known jewelry retail banners in the U.S. and abroad, sources a significant portion of its inventory from India. For a business that depends heavily on...