parcha
Sep 26, 3:09 PM
$SIG https://www.cnbc.com/2026/09/26/whats-behind-the-fall-of-diamond-prices-to-record-lows.html Raymond James analyst Rick Patel has an outperform rating on Signet Jewelers, which he says offers exposure to the boom in lab-grown diamonds.
“Lab-grown diamonds have actually done well for Signet, particularly on the fashion side” Patel said. “The products with the lab diamond generate about three times the [average unit retail] of other fashion products that do not have a lab diamond. So what that means is the more lab-grown diamond fashion jewelry they sell, the more it helps their AUR, which helps their same-store sales.”
Signet did not respond to questions on its margins for lab-grown and natural diamonds. However, data from global investment firm Gordon Brothers shows that lab-grown diamonds generally generate gross margins between 60% and 65%, or higher than the 40% to 45% gross margins on naturals.
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