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PML-N MPA Punjab Assembly Loses Expensive Gold Jewelry

Posted on 20/09/2024 By Syifa

Pakistan Muslim League-Nawaz (PML-N) Member of Provincial Assembly (MPA) Uzma Kardar has reported the theft of gold jewelry valued at approximately Rs. 500,000 in Lahore. The incident unfolded while MPA was taking a dip in a swimming session at a local club, following her attendance at an assembly session.

According to accounts provided by the PML-N politician, the theft occurred on Thursday during her swimming activity, where she had securely placed her jewelry inside her purse. However, upon conclusion of her session, she discovered the substantial loss of her valuable possessions.

In her complaint lodged with the authorities, Uzma Kardar highlighted her suspicion towards two female instructors and employees of the swimming facility, raising concerns over their possible involvement in the theft. She stressed the necessity for a comprehensive investigation to unravel the circumstances surrounding the incident and confirm accountability for the stolen items.

Responding to the complaint, law enforcement officials efficiently registered a case regarding the theft of the gold jewelry. The police department has initiated an exhaustive inquiry into the matter, probing all potential angles and avenues to identify the perpetrators responsible for the theft.

The reported theft has sent shockwaves through the political circles, with many expressing

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Jewelery News

Signet Jewelers Ltd (SIG) Reports Mixed Fiscal 2024 Results Amidst Industry Challenges

Posted on 30/07/2024 By Syifa
  • Total Sales: $7.2 billion in Fiscal 2024, a decrease of 8.6% year-over-year.

  • Same Store Sales: Down 11.6% compared to the previous fiscal year.

  • GAAP Operating Income: Increased to $621.5 million in Fiscal 2024 from $604.9 million in Fiscal 2023.

  • Non-GAAP Operating Income: Decrease to $642.8 million in Fiscal 2024 from $850.4 million in Fiscal 2023.

  • GAAP Diluted EPS: Rose significantly to $15.01 in Fiscal 2024, up from $6.64 in Fiscal 2023.

  • Non-GAAP Diluted EPS: Decreased to $10.37 in Fiscal 2024 from $11.80 in Fiscal 2023.

  • Dividend Increase and Share Repurchase: Raised common dividend by 26% and expanded share repurchase authorization to $850 million.

On March 20, 2024, Signet Jewelers Ltd (NYSE:SIG), the world’s largest retailer of diamond jewelry, released its 8-K filing, announcing its fourth quarter and full fiscal year 2024 results. The company, known for its extensive portfolio of jewelry stores including Kay Jewelers, Zales, and Jared, navigated a challenging year with a strategic focus on brand equity, customer experience innovation, and product newness.

Signet Jewelers Ltd (SIG) Reports Mixed Fiscal 2024 Results Amidst Industry ChallengesSignet Jewelers Ltd (SIG) Reports Mixed Fiscal 2024 Results Amidst Industry Challenges

Signet Jewelers Ltd (SIG) Reports Mixed Fiscal 2024 Results Amidst Industry Challenges

Fiscal Year 2024 Performance Overview

For the 53 weeks ended February 3, 2024, Signet reported total

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