Signet Jewelers Lifts Forecast After Earnings Beat, Shares Jump 11%

Signet Jewelers Limited (NYSE:SIG), the world's largest retailer of diamond jewelry, has reported strong financial results for the second quarter of fiscal 2026. The company, known for its brands like Kay, Zales, and Jared, has shown resilience in the competitive jewelry retail market. Signet's focus on expanding its fashion assortment and effective pricing strategies has contributed to its success.

On September 2, 2025, Signet reported earnings per share (EPS) of $1.61, surpassing the estimated $1.21. This represents a 28.8% increase from the previous year, highlighting the company's strong performance. The earnings surprise for this quarter stands at an impressive 33.06%, as highlighted by Zacks. Signet has consistently outperformed consensus EPS estimates in three of the last four quarters.

Signet's revenue for the quarter reached $1.54 billion, exceeding the estimated $1.34 billion. This marks a slight increase from the $1.49 billion reported in the same period last year. The company has consistently surpassed consensus revenue estimates in three of the last four quarters, demonstrating its ability to drive sales growth.

The company's gross margin rose by 60 basis points to 38.6%, while the adjusted operating margin improved by 100 basis points to 5.6%. These improvements reflect Signet's effective cost management and operational efficiency. Additionally, same-store sales saw a 2% increase compared to the same period last year, with a notable 5% increase for its key brands Kay, Zales, and Jared.

Signet's financial metrics indicate a strong market position. The company has a price-to-earnings (P/E) ratio of approximately 90.97, a price-to-sales ratio of 0.56, and an enterprise value to sales ratio of 0.69. The debt-to-equity ratio is 0.67, indicating a moderate level of debt. With a current ratio of 1.50, Signet maintains good liquidity to cover its short-term liabilities.

• Signet Jewelers Limited (NYSE:SIG) is set to release its quarterly earnings with an estimated EPS of $1.21, a 3.2% decrease year-over-year.
• The company's revenue is projected to slightly increase by 0.44% to $1.5 billion.
• Signet's financial health is indicated by a P/E ratio of 89.65, a debt-to-equity ratio of 0.67, and a current ratio of 1.50.

Signet Jewelers Limited, trading as NYSE:SIG, is a prominent player in the retail jewelry industry. The company is known for its diverse range of jewelry brands and operates primarily in the United States, Canada, and the United Kingdom. As a key competitor in the retail-wholesale sector, Signet's performance is closely watched by investors and analysts alike.

On September 2, 2025, Signet is set to release its quarterly earnings, with Wall Street analysts estimating an earnings per share (EPS) of $1.21. This figure represents a 3.2% decrease compared to the same quarter last year. Despite this, the company's revenue is projected to be approximately $1.5 billion, marking a slight increase of 0.44% from the previous year's quarter.

Recently, Signet's stock closed at $85.17, experiencing a decline of 2.47% from its previous close. This drop was more significant than the broader market indices, with the S&P 500, Dow, and Nasdaq falling by 0.43%, 0.77%, and 0.22%, respectively. Despite this downturn, Signet's shares had previously gained 3.03%, outperforming both the Retail-Wholesale sector's 2.21% increase and the S&P 500's 2.65% rise.

Signet's financial metrics provide insight into its market valuation. The company has a price-to-earnings (P/E) ratio of approximately 89.65, indicating that investors are willing to pay $89.65 for every dollar of earnings. The price-to-sales ratio stands at about 0.55, suggesting that the stock is valued at 55 cents for every dollar of sales. Additionally, the enterprise value to sales ratio is approximately 0.69, reflecting the company's valuation in relation to its sales.

The company's financial health is further highlighted by its debt-to-equity ratio of about 0.67, showing a balanced proportion of debt to shareholders' equity. The current ratio is approximately 1.50, indicating that Signet has $1.50 in current assets for every dollar of current liabilities, suggesting good short-term financial health. Investors are keenly awaiting the upcoming earnings report to assess the company's performance and future prospects.

• Signet Jewelers Limited (NYSE:SIG) reported a 16.83% earnings surprise with an EPS of $1.18, beating the estimated $1.01.
• The company's revenue for the quarter was $1.54 billion, exceeding estimates and showing a year-over-year increase.
• Signet's strategic efforts led to positive same-store sales growth and sequential growth across its three largest brands—Kay, Zales, and Jared.

Signet Jewelers Limited (NYSE:SIG), the world's largest retailer of diamond jewelry, operates in the Zacks Retail - Jewelry industry and has consistently demonstrated strong financial performance. On June 3, 2025, SIG reported its first-quarter earnings for Fiscal 2026, showcasing impressive results.

SIG reported earnings per share (EPS) of $1.18, surpassing the estimated $1.01, marking a 16.83% earnings surprise. This is an improvement from the $1.11 EPS reported in the same quarter last year. The company has a history of exceeding expectations, as seen in the previous quarter with an EPS of $6.62 against an anticipated $6.39, resulting in a 3.60% surprise.

The company's revenue for the quarter was approximately $1.54 billion, exceeding the estimated $1.52 billion by 1.69%. This is a slight increase from the $1.51 billion reported a year ago. Over the past four quarters, Signet has consistently outperformed consensus EPS and revenue estimates three times each, highlighting its strong financial performance.

Signet's positive same-store sales growth each month of the quarter, continuing into May, reflects its strategic efforts to enhance offerings at key price points and evolve its product assortment. The company's three largest brands—Kay, Zales, and Jared—experienced sequential growth, contributing to the overall revenue increase.

Financially, Signet has a price-to-earnings (P/E) ratio of approximately 52.21, indicating investor confidence. The price-to-sales ratio is about 0.45, and the enterprise value to sales ratio is approximately 0.54, reflecting the company's valuation in relation to its sales. With a debt-to-equity ratio of around 0.64 and a current ratio of approximately 1.48, Signet maintains a relatively healthy liquidity position.

Signet Jewelers (NYSE:SIG) shares dropped more than 10% intra-day today after the company cut its guidance for the full-year profit and revenues.

The company reported Q1 adjusted EPS of $1.78 and revenue of $1.67 billion, compared to the Street estimates of $1.44 and $1.71 billion, respectively. Same-store sales fell 13.9% year-over-year.

For Q2, management expects revenue in the range of $1.53-1.58 billion, below the Street's estimate the $1.75 billion, For the full year, the company sees EPS at $9.79 and revenue at $7.2 billion from the prior estimates of $11.33 and $7.755 billion, respectively. Street estimates stand at $11.11 for EPS and $7.73 billion for revenues.

Signet Jewelers (NYSE:SIG) shares dropped more than 10% intra-day today after the company cut its guidance for the full-year profit and revenues.

The company reported Q1 adjusted EPS of $1.78 and revenue of $1.67 billion, compared to the Street estimates of $1.44 and $1.71 billion, respectively. Same-store sales fell 13.9% year-over-year.

For Q2, management expects revenue in the range of $1.53-1.58 billion, below the Street's estimate the $1.75 billion, For the full year, the company sees EPS at $9.79 and revenue at $7.2 billion from the prior estimates of $11.33 and $7.755 billion, respectively. Street estimates stand at $11.11 for EPS and $7.73 billion for revenues.