Investors focused on the Retail-Wholesale space have likely heard of Signet Jewelers (SIG Quick QuoteSIG - Free Report) , but is the stock performing well in comparison to the rest of its sector peers? One simple way to answer this question is to take a look at the year-to-date performance of SIG and the rest of the Retail-Wholesale group's stocks.

Signet Jewelers is a member of the Retail-Wholesale sector. This group includes 213 individual stocks and currently holds a Zacks Sector Rank of #7. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.

The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. SIG is currently sporting a Zacks Rank of #1 (Strong Buy).

Over the past three months, the Zacks Consensus Estimate for SIG's full-year earnings has moved 5.94% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.

Based on the most recent data, SIG has returned 19.38% so far this year. In comparison, Retail-Wholesale companies have returned an average of 17.16%. This shows that Signet Jewelers is outperforming its peers so far this year.

Looking more specifically, SIG belongs to the Retail - Jewelry industry, a group that includes 4 individual stocks and currently sits at #12 in the Zacks Industry Rank. Stocks in this group have gained about 18.82% so far this year, so SIG is performing better this group in terms of year-to-date returns.

Investors in the Retail-Wholesale sector will want to keep a close eye on SIG as it attempts to continue its solid performance.