Largest US Jewelry Companies by Revenue
The US jewelry market includes several major publicly traded and private firms. Signet Jewelers, the world's largest retailer of diamond jewelry, reported fiscal year 2024 revenue of approximately $6.8 billion and operates brands such as Kay, Zales, Jared, and H.Samuel across North America. Tiffany & Co., now a subsidiary of LVMH Moët Hennessy Louis Vuitton, generated total revenue of around $1.8 billion in 2023, with a significant portion coming from its US stores and e-commerce channels. These figures are drawn from the companies' latest public filings and annual reports, including Signet's 2024 annual report and Tiffany's 2023 financial statements on SEC EDGAR.
Other notable names include Berkshire Hathaway-owned Helzberg Diamonds, which operates over 200 stores across the US and is part of Berkshire Hathaway's retail portfolio as reported in the company's 2023 annual report. Pandora, the Danish jewelry giant, generated global revenue of DKK 28.9 billion in 2023 and has a growing US presence through both company-owned and franchise stores. While Pandora is not a US-headquartered company, its US market share and retail footprint make it a key player in the domestic jewelry landscape, as detailed in its 2023 annual report and investor presentations on Forbes.
Rankings and Market Position
In the 2024 Forbes Global 2000 list, Signet Jewelers ranks among the top jewelry retailers worldwide by revenue, while Tiffany & Co. remains a major luxury brand despite its LVMH ownership. The American Gem Society and industry analyses consistently place Signet, Tiffany, and Helzberg among the top US jewelry retailers by store count and sales volume. Market research firms such as NPD Group and Statista track US jewelry retail sales, showing that the sector generated over $80 billion in US retail revenue in 2023, with the largest chains capturing a significant share of that total on Statista.
Rankings shift based on metrics such as revenue, number of US locations, and market capitalization. Signet operates thousands of stores across the US and Canada, making it the largest physical jewelry retailer in North America by store count. Tiffany operates several hundred US locations and has expanded its direct-to-consumer digital sales, while Helzberg Diamonds focuses primarily on the US market with a strong presence in shopping malls and outlet centers. These rankings are based on the latest available annual reports and industry analyses, including data from the companies' investor relations pages and the National Retail Federation's 2024 retail industry outlook on NRF.
Key Facts About the US Jewelry Industry
The US is one of the largest jewelry markets globally, with diamond and gold jewelry representing the largest product categories. According to the latest public data, the US accounted for roughly 30% of global diamond jewelry demand in 2023, driven by both consumer spending and investment demand. The industry includes a mix of luxury brands, mass-market retailers, and independent jewelers, with the largest chains benefiting from economies of scale in purchasing and marketing. Labor costs, precious metal prices,