CEO J.K. Symancyk said Signet's "Grow Brand Love" strategy is bearing fruit and proves the company can "perform and transform at the same time."

The acquisition brings new capabilities to Blue Nile, which is expected to be "relaunched" sometime this year.

CEO J.K. Symancyk said the company will focus on "sharper brand differentiation, broader customer reach, and a more seamless in‑store and digital experience."