Charted: All Signet needs is love

Love is making a comeback, if Signet Jewelers is any indication.

Between the lines: Signet, which has been mired in a sales slump, said today that the pandemic decline in engagements might finally be ending.

• The company projected an up to 5% increase in engagements in its 2025 fiscal year.

How they know: The retailer says it uses proprietary data to project how many people are making plans to get hitched.

The impact: More weddings means more ring sales, duh.

• Signet's stock soared more than 14% today.