(seekingalpha.com) - It has been easy to put down Signet Jewelers (SIG) recently between the stories circling the company of employee harassment scandals and analysts framing it as a pay-day loan company that just happens to sell jewelry. However, in my opinion, these stories have overshadowed a company that has only had one year in the past ten where they had an earnings deficit (during the financial crisis in 2008) while also earning an average ROE of 11.2% over the same period (Morningstar). The pessimism surrounding the company compounded with the pessimism of retail in general these days has opened up the door to a potential value opportunity.
