Stock Movers: Signet Jewelers, Zscaler

Scott Peters
03 Sep, 2025
New York City

Signet Jewelers Ltd. advanced 6.2% to $93.50 after the specialty retailer's quarterly results surpassed market expectations. 

Revenue in the fiscal second quarter ending on August 2 increased 3% to $1.5 billion, driven by a same-store sales increase of 2%. 

The price increases drove gross margin expansion by 60 basis points. 38.6%

Net loss in the quarter shrank to $9.1 million from $101.5 million, and diluted loss per share eased to 22 cents from $2.28 a year ago. 

Signet declared a cash dividend of 32 cents per share on November 21 to shareholders on record on October 24. 

The company revised the full-year fiscal 2026 sales estimate from the previous range between $6.57 billion and $6.80 billion to a new range between $6.67 billion and $6.82 billion. 

The same-store sales growth estimate was revised to between a decrease of 0.75% and an increase of 1.75% from the previous estimate of between a decline of 2.0% and an increase of 1.50%. 

The company's guidance adjusted annual diluted earnings per share to a new range between $8.04 and $9.57 from the previous range between $7.70 and $9.38. 

Zscaler Inc. fell 0.9% to $274.57 after the cloud security provider reported an 18% increase in net loss in the fourth quarter ending on July 31.

Consolidated revenue increased 21% to $719.2 million from $592.9 million, net loss advanced to $17.6 million from $14.9 million, and diluted losses per share expanded to 11 cents from 10 cents a year ago.

Zscaler estimated fiscal first quarter revenue to be between $772 million and $774 million, adjusted income from operations between $166 million and $168 million, and adjusted net income per share between 85 cents and 86 cents.

Non-GAAP net income expanded to $146.7 million from $115.8 million in the fourth quarter of fiscal 2024.

Zscaler guided full-year fiscal 2026 revenue to be between $3.265 billion and $3.284 billion, adjusted income from operations between $728 million and $736 million, and adjusted net income per share between $3.64 and $3.6.