Signet Jewelers Ltd Q3 2022 Earnings Call Transcript

The following is excerpted from the question-and-answer section of the transcript.

Question: Mauricio Serna Vega - UBS Investment Bank, Research Division - Analyst : Great. And congratulations on the results. I wanted to ask first about the market share trends. You comment that you believe you're gaining market share. Maybe you could give us -- maybe a little bit more details on how is your growth compared to the industry that gives you that confidence that you're gaining market share? And also, if you could provide us maybe a little bit more details on Diamonds Direct, the business. You talked about in your previous release about the EBITDA and sales expected for this fiscal year or calendar year. So I wanted to know a little bit more about how do the margins compare to your overall business on a gross margin and SG&A basis?

Question: Mauricio Serna Vega - UBS Investment Bank, Research Division - Analyst : Great. And just a quick follow-up. One, just how is the holiday season trending so far? I know you mentioned that you feel like a lot of people have done some of their shopping earlier, but just trying to get a sense of how you're seeing like things in Black Friday and also regarding the things that you mentioned that you have like promotional flexibility? I mean does that imply that you could become more promotional in the short term, if needed. I mean how does that also play out into your expectations looking into next year with some tougher compares?