SIG Research | Milton Maxwell

SIG

Signet Jewelers Limited

83.18

-3.37-3.89%

Dec 16, 4:00:02 PM EST

Upcoming Earnings

Report date

-/-

Earnings Call Transcripts

This Quarter (Q1 '26)

No earnings call transcript available yet

Last Quarter (Q4 '25)

FY Q4 '26

3/18/26Mar 18, 2026

Key Stats

Market Cap

3.41B

P/E (TTM)

25.05

Basic EPS (TTM)

3.32

Dividend Yield

0.01%

Recent Filings

8-K

Signet FY26 prelims released

3/9/26Mar 9, 2026

Signet Jewelers released preliminary Q4 FY26 results on March 9, 2026, with sales of $2.34-$2.35B, SSS down 0.7-0.9%, yet AUR up 4-5%; full-year sales hit ~$6.8B, SSS up 1.2-1.3%. Adjusted operating income reached $510-515M after $91M asset impairments and $27M restructuring. Momentum built into Valentine's. Free cash flow tops $500M.

10-Q

Q3 FY2026 results

12/5/25Dec 5, 2025

Signet Jewelers posted Q3 FY2026 sales of $1,391.8M, up 3.1% y/y from $1,349.4M, with gross margin expanding to 37.3% from 36.0% on higher AUR in bridal and fashion. Operating income hit $23.9M, up from $9.2M, while YTD figures show $4,468.5M sales (+2.7% y/y), $74.8M operating income versus a $41.9M loss, and diluted EPS of $1.06 (41.8M shares). North America drove gains, fueled by Kay, Zales, and Jared; services grew high single digits. Cash sits at $234.7M with $1.2B ABL availability and no debt—strong liquidity backs $178.2M share repurchases YTD. Digital brands took $53.6M goodwill hit from cash flow woes and tariffs. New tariffs loom large.

8-K

Signet Q3 sales up 3%

12/2/25Dec 2, 2025

Signet Jewelers posted Q3 fiscal 2026 sales of $1.4B, up 3.1% with 3% same-store sales growth driven by Kay, Zales, and Jared. Operating income hit $23.9M from $9.2M last year; adjusted EPS climbed to $0.63. Free cash flow surged over $100M year-over-year. Guidance lifted amid tariff mitigation, yet Q4 eyes consumer softness.

10-Q

Q2 FY2026 results

9/5/25Sep 5, 2025

Signet Jewelers posted Q2 sales of $1.54B, up 3.0% y/y, with gross margin expanding to 38.6% from 38.0% on higher AUR in fashion and bridal, yet operating income flipped to $2.8M from a $100.9M loss after $80.2M impairments (down from $166.2M). North America drove gains at 2.1% y/y growth, while James Allen lagged. YTD, sales rose 2.5% y/y to $3.08B, operating income hit $50.9M versus a $51.1M loss, diluted EPS $0.58 (reconciles to 42.0M shares). Cash fell to $281M on $150M buybacks; ABL offers $1.1B availability, no debt. Tariffs threaten import costs from India.

8-K

Q2 beat, FY26 guidance raised

9/2/25Sep 2, 2025

Signet Jewelers beat Q2 guidance with $1.5B sales up 3%, SSS +2%, and adjusted operating income $85.4M, up 24% from last year despite $80M impairments on digital brands. Kay, Zales, Jared drove 5% comp growth via fashion assortment and pricing. Raised FY26 guidance to $445-515M adjusted operating income. Tariffs tilt outcomes.

About

Signet Jewelers Limited operates as a diamond jewelry retailer. It operates through three segments: North America, International, and Other. The North America segment operates jewelry stores in malls, mall-based kiosks, and off-mall locations in the United States and Canada primarily under the Kay Jewelers, Zales Jewelers, Jared Jewelers, Diamonds Direct, Banter by Piercing Pagoda, Peoples Jewellers, and Rocksbox brands, as well as operates online through its digital brands, James Allen and Blue Nile. The International segment operates stores in shopping malls, off-mall locations, and online primarily under the H.Samuel and Ernest Jones brands in the United Kingdom and the Republic of Ireland. The Other segment engages in the purchase and conversion of rough diamonds to polished stones, as well as offers diamond polishing services. Signet Jewelers Limited was founded in 1862 and is based in Hamilton, Bermuda.

CEO

Mr. James Kevin Symancyk

IPO

7/14/1988

Website

https://www.signetjewelers.com

Employees

27,595

Sector

Consumer Cyclical

Industry

Luxury Goods