Signet Jewelers Limited
- Signet Jewelers Ltd. soared 17.6% to $78.60 after the diamond jewelry retailer reported better than expected fiscal first-quarter 2026 results.
Sales increased to $1.54 billion from $1.51 billion, net income swung to a profit of $33.5 million from a loss of $40.1 million, and diluted earnings per share were 78 cents, compared to a loss of 90 cents a year ago.
Same-store sales jumped 2.5% from a year earlier.
The company has announced a quarterly cash dividend of 32 cents per share for the second quarter, payable on August 22 to shareholders on record on July 25.
During the first quarter, the company repurchased approximately 2.1 million shares for $117.4 million, and subsequent to quarter end, it has repurchased approximately 235,000 additional shares for $15 million through June 2.
The company has nearly $600 million in share repurchase authorization remaining.
The jewelry retailer guided second-quarter sales to range between $1.47 billion and $1.51 billion, compared to $1.49 billion a year ago, and same-store sales to be between negative 1.5% and up 1%.
The company also estimated adjusted operating income in the second quarter to range between $53 million and $73 million, compared to $68.6 million a year earlier.
For the full year, the company estimated sales to be between $6.57 billion and $6.80 billion, compared to $6.70 billion a year earlier, and same-store sales to be between negative 2% and up 1.5%.
Adjusted operating income for the full year is expected to range between $430 million and $510 million, compared to $498.1 million a year ago.
Jun 3, 2025 - Signet Jewelers Ltd. surged 17.8% to $56.91 after the diamond jewelry retailer reported lower sales in the fourth quarter of 2024.
Sales declined to $2.35 billion from $2.50 billion, net income slumped to $100.6 million from $617.6 million, and diluted earnings per share fell to $2.30 from $11.75 a year ago.
Sales in the full year decreased to $6.70 billion from $7.17 billion, net income swung to a loss of $35.6 million compared to a profit of $775.9 million, and diluted loss per share was 81 cents compared to a profit of $15.01 a year ago.
“Signet delivered more than $400 million of free cash flow, our 5th year in a row of strong cash conversion to adjusted operating income.
This enabled a reduction in our diluted share count by nearly 20% in FY25 by returning approximately $1 billion to shareholders, including the convertible preferred redemptions,” the company said in a release to investors.
“We are focused on real estate optimization and expect to transition over 10% of mall locations to off-mall and the e-commerce channel over the next three years, leveraging our average mall lease term of just over 2 years.”
Mar 20, 2025 - Signet Jewelers Ltd. plunged 16% to $62.12 after the parent company of Zales lowered its fourth quarter outlook.
The company estimated total sales in the fourth quarter to range between $2.32 billion and $2.335 billion, compared to the previous estimate between $2.38 billion and $2.46 billion.
Same-store sales outlook in the quarter was lowered to a range between a decline of 2.0% and 2.5%, compared to the previous range between flat and an increase of 3.0%.
The diamond jeweler said same-store sales in the ten-week period to January 11 declined 2% from a year ago.
The company blamed the sales decline on "merchandise assortment gaps at key gifting price points" and customers seeking more items with promotional discounts.
Jan 14, 2025 - Signet Jewelers Ltd increased 5.3% to $75.27 after the retailer reported better-than-expected quarterly results.
Sales in the second quarter ending in July declined 8.1% to $1.6 billion and same store sales plunged 12% from a year ago.
Same store sales in North America declined 12.2% and nonstore sales, which includes online sales, rose 5.2%, resulting in a decline of 7.1% to $1.5 billion.
Net income attributable to common shareholders plunged to $66.5 million from $136.8 million and diluted earnings per share fell to $1.38 from $2.56 a year ago.
The retailer guided third quarter sales to decline to between $1.36 billion and $1.41 billion and full-year revenue between $7.1 billion and $7.3 billion and diluted earnings per share between $9.55 and $10.64.
Aug 31, 2023 - Signet Jewelers Limited dropped 9% to $63.01 after the specialty retailer lowered its revenue and earnings estimate for the full-year and forecasted weaker-than-expected second quarter revenue and operating income.
Sales in the fiscal first quarter ending in April declined 9.3% to $1.7 billion and same store sales declined 13.9% from a year ago.
Sales in North America declined 8.4% to $1.6 billion and same store sales fell 14.2% from a year ago.
The company swung net income attributable to shareholders to $88.8 million from a loss of $92.1 million and diluted earnings per share was $1.79 compared to ($1.89).
The company declared quarterly dividend per share of 23 cents to shareholders on record July 28 and payable on August 25.
The company repurchased $39.1 million of its shares in the first quarter.
Jun 8, 2023
| Year | May | Aug | Nov | Feb | Annual | |
|---|---|---|---|---|---|---|
| 2023 | 5.35 | 1.79 | 1.38 | 0.07 | - | |
| 2022 | 4.94 | -1.89 | 2.58 | 0.60 | 6.64 | |
| 2021 | 4.73 | 2.23 | 3.6 | 1.45 | 12.22 | |
| 2020 | 3.45 | -3.96 | -1.73 | 0.02 | -0.94 | |
| 2019 | - | -0.35 | -0.86 | -0.84 | 1.4 | |
| 2018 | 5.28 | -8.48 | -0.56 | -0.74 | -12.62 | |
| 2017 | 4.03 | 1.03 | 1.33 | 0.15 | 6.54 | |
| 2016 | 3.63 | 1.95 | 1.14 | 0.30 | 7.02 | |
| 2015 | 3.06 | 1.62 | 1.28 | 0.33 | 6.29 | |
| 2014 | 1.20 | 0.72 | -0.02 | 2.17 | 4.56 | |
| 2013 | 1.13 | 0.84 | 0.42 | 2.11 | 4.35 | |
| 2012 | 0.96 | 0.85 | 0.43 | 1.80 | 3.73 | |
| 2011 | 0.87 | 0.76 | 0.30 | 1.22 | 2.32 | |
| 2010 | 0.58 | 0.45 | 0.07 | 1.30 | 1.83 | |
| 2009 | 0.31 | 0.32 | -0.10 | -5.07 | -4.72 | |
| 2008 | 0.30 | 0.23 | -0.18 | 1.69 | 2.55 | |
| 2007 | 0.38 | 0.04 | 0.03 | 0.00 | 2.86 | |
| 2006 | 0.00 | 0.00 | 0.00 | -0.50 | 0.28 | |
| 2005 | 0.42 | 0.32 | 0.04 | 0.22 | 0.3 |