Signet Jewelers’ stock surged Thursday, after the diamond seller beat quarterly profit expectations, and indicated it was on course to break a long streak of same-store sales declines as marriage proposals are rising.

Signet Jewelers ( SIG) had been seeing slower-than-usual engagement ring sales. It usually takes about three years between the time a couple meets and gets engaged, Signet CEO Virginia Drosos said Monday, but that timeline was extended by the pandemic, affecting engagements through early 2024.

Signet Jewelers has faced a challenged retail market but investments made in 'Connected Commerce Strategies' will pay off across its 2,700 jewelry stores and online.

Signet Jewelers reported better-than-expected same-store sales for the second quarter as the jewelry retailer sees an increase in customer demand. Signet’s adjusted earnings of $1.25 per share came in above estimates of $1.