Signet Jewelers Limited (SIG) posted fourth-quarter fiscal 2025 results, wherein the top and bottom lines surpassed the Zacks Consensus Estimate. However, both revenues and earnings declined year over year. Also, same-store sales fell 1.1% from the year-ago period.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.This Zacks Rank #4 (Sell) company’s shares have lost 40.5% in the past three months compared with the industry’s 35.7% decline.More on Signet’s Q4 ResultsSIG reported adjusted ...

Signet Jewelers Limited (NYSE:SIG) Q4 2025 Earnings Conference Call March 19, 2025 8:30 AM ET Company Participants Rob Ballew - Senior Vice President, Investor Relations J.K. Symancyk - Chief Executive Officer Joan Hilson - Chief Operating and Financial Officer Conference Call Participants Juliana Duque - Wells Fargo Lorraine Hutchinson - Bank of America Paul Lejuez - Citi Dana Telsey - Telsey Group Mauricio Serna - UBS Financial Jim Sanderson - Northcoast Research Operator Good morning, and welcome to the ...

Investors are overreacting. Signet's not out of the woods just yet.Signet Jewelers (SIG 20.66%) stock exploded 22.2% higher through 10 a.m. ET after beating earnings forecasts Wednesday morning.Heading into the report, analysts forecast that the retailer would earn $6.25 per share in its fiscal Q4 2025 on sales of just over $2.3 billion. (Note that the company's fiscal year is one year ahead of the calendar year). Signet's earnings, adjusted for one-time items, were $6.62 per share, and the company achieved ...

Signet Jewelers Ltd (NYSE:SIG) stock is up 23.7% to trade at $59.83 at last check, after the company beat fourth-quarter earnings and revenue estimates. The precious jewelry retailer also issued a strong current-quarter forecast, and announced a dividend hike of 10%.Pacing for its best single-day percentage gain since June 2020, SIG is breaking above resistance at the $52 level on a bounce off its March 13, four-year low of $45.55. Shares are trimming their 42.4% year-over-year deficit, and earlier conquere ...

Signet Jewelers (SIG) Q4 2025 Earnings Call March 19, 2025 08:30 AM ET Company Participants Rob Ballew - SVP - IRJ.K. Symancyk - CEOJoan Hilson - Chief Financial & Operating OfficerJuliana Duque - Equity Research AssociateLorraine Hutchinson - Managing DirectorPaul Lejuez - Managing DirectorDana Telsey - CEO and Chief Research OfficerMauricio Serna - Executive Director Conference Call Participants Jim Sanderson - Equity Research Analyst Operator Good morning, and welcome to the Signet Jewelers Fourth Quarte ...

Financial Performance - Fourth quarter sales were $2.4 billion, down $145 million or 5.8% compared to Q4 of FY24, with same store sales declining 1.1%[3] - Operating income for Q4 was $152.6 million, significantly down from $416.3 million in Q4 of FY24, impacted by non-cash impairment charges of $200.7 million[4] - Diluted earnings per share (EPS) for Q4 was $2.30, compared to $11.75 in Q4 of FY24, with adjusted diluted EPS at $6.62, slightly down from $6.73[8] - For Fiscal 2025, total sales were $6.7 billion, a decrease of $467.3 million or 6.5% from the previous year, with same store sales down 3.4%[9] - Net income for Fiscal 2025 was $61.2 million, a significant decrease from $810.4 million in Fiscal 2024[28] - Total sales for the North America segment decreased by 6.0% year-over-year to $6,299.1 million, while the International segment saw a decline of 13.4% to $373.2 million[29] - Operating income for the North America segment dropped to $143.6 million (6.5% of segment sales) from $396.0 million (16.8% of segment sales) in the previous year[30] - Adjusted operating income for Fiscal 2025 was $355.5 million, down from $409.7 million in Fiscal 2024, representing a decrease in adjusted operating margin from 16.4% to 15.1%[44] - Total adjusted operating income for the fourth quarter of Fiscal 2025 was $355.5 million, compared to $409.7 million in the fourth quarter of Fiscal 2024[44] Cash Flow and Dividends - The company generated over $400 million in free cash flow, allowing for a nearly 20% reduction in diluted share count by returning approximately $1 billion to shareholders[2] - Free cash flow for Fiscal 2025 was $437.9 million, slightly up from $421.4 million in Fiscal 2024[43] - The Board of Directors declared a quarterly cash dividend of $0.32 per share, representing a 10% increase[12] Assets and Liabilities - Total assets decreased to $5,726.6 million as of February 1, 2025, from $6,813.2 million as of February 3, 2024, a decline of 15.9%[27] - Cash and cash equivalents dropped to $604.0 million from $1,378.7 million, a decrease of 56.2% year-over-year[27] - Total current liabilities were $1,831.5 million, down from $1,976.0 million, reflecting a decrease of 7.3%[27] - Shareholders' equity decreased to $1,851.8 million from $2,166.5 million, a decline of 14.5%[27] Impairments and Expenses - The company reported asset impairments of $202.7 million for the 13 weeks ended February 1, 2025, compared to $3.4 million in the prior year[26] - The company recorded asset impairments of $200.7 million for the 13 weeks ended February 1, 2025, compared to $3.4 million for the 14 weeks ended February 3, 2024[45] - Income tax expense for the 13 weeks ended February 1, 2025, was $53.5 million, compared to a benefit of $(199.2) million for the 14 weeks ended February 3, 2024[48] Future Guidance and Plans - Fiscal 2026 guidance anticipates total sales between $6.53 billion and $6.80 billion, with same store sales projected to decline between 2.5% and increase by 1.5%[15] - The company plans to transition over 10% of mall locations to off-mall and eCommerce channels over the next three years[2] - A new fully traceable diamond collection is set to launch in Fall 2025, featuring responsibly sourced diamonds from Botswana[18] - Capital expenditures for Fiscal 2026 are planned at approximately $145 million to $160 million[19] - The company plans to continue focusing on market expansion and innovation in its product offerings to drive future growth[24] Store Operations - The company operated 2,642 stores as of February 1, 2025, a decrease of 56 stores compared to the previous year[31] - Capital expenditures for Fiscal 2025 were $153.0 million, compared to $125.5 million in Fiscal 2024[28] Segment Performance - North America segment adjusted operating income for the 13 weeks ended February 1, 2025, was $346.0 million, compared to $403.2 million for the 14 weeks ended February 3, 2024, reflecting a decrease of 14.2%[45] - International segment adjusted operating income for the 13 weeks ended February 1, 2025, was $21.8 million, slightly down from $22.2 million for the 14 weeks ended February 3, 2024, indicating a decrease of 1.8%[46] - The North America segment operating income for Fiscal 2025 was $143.6 million, down from $173.7 million in Fiscal 2024, a decrease of 17.3%[45] - The International segment operating income for Fiscal 2025 was $1.0 million, compared to $13.1 million in Fiscal 2024, reflecting a significant decline of 92.3%[46] Earnings and Margins - Basic earnings per share for the 13 weeks ended February 1, 2025, was $2.32, compared to $13.94 for the same period last year, a decrease of 83.4%[26] - Adjusted diluted EPS for the 13 weeks ended February 1, 2025, was $6.62, a decrease from $6.73 for the 14 weeks ended February 3, 2024[50] - Adjusted EBITDA for the 13 weeks ended February 1, 2025, was $393.9 million, down from $446.5 million for the 14 weeks ended February 3, 2024, representing a decline of 11.7%[51] - The effective tax rate for the 13 weeks ended February 1, 2025, was 34.7%, compared to (46.7)% for the 14 weeks ended February 3, 2024[49]

Group 1 - Signet's stock closed at $47.94, down 1.6% from the previous day, underperforming the S&P 500's loss of 1.22% [1] - Over the past month, Signet's shares have declined by 15.9%, while the Retail-Wholesale sector and S&P 500 lost 4.52% and 2.31% respectively [1] Group 2 - The upcoming earnings report for Signet is expected on March 19, 2025, with analysts forecasting earnings of $6.39 per share, a year-over-year decline of 5.05% [2] - Revenue is projected to be $2.33 billion, indicating a 6.71% decline compared to the same quarter last year [2] Group 3 - Recent changes in analyst estimates for Signet reflect evolving short-term business trends, with positive revisions indicating a favorable outlook on the company's health and profitability [3] - The Zacks Rank system, which evaluates these estimate changes, currently ranks Signet at 4 (Sell) [5] Group 4 - Signet's Forward P/E ratio is 5.47, significantly lower than the industry's average of 14.23, indicating a valuation discount [6] - The PEG ratio for Signet is 3.09, compared to the average PEG ratio of 4.07 for Retail - Jewelry stocks [6] Group 5 - The Retail - Jewelry industry is part of the Retail-Wholesale sector and currently holds a Zacks Industry Rank of 162, placing it in the bottom 36% of over 250 industries [7] - The Zacks Industry Rank measures the strength of industry groups based on the average Zacks Rank of individual stocks, with the top 50% rated industries outperforming the bottom half by a factor of 2 to 1 [7]

Core Viewpoint - Signet Jewelers' stock has risen following an activist investor's call for the company to explore strategic options, including a potential sale [1][2]. Group 1: Investor Actions - Activist investor Select Equity has acquired a 9.7% stake in Signet and has urged the board to consider all strategic options due to the stock being perceived as deeply undervalued [2]. - Select Equity has held the stock since 2020 and highlighted that same-store sales have declined for 11 consecutive years, underperforming the industry [3]. Group 2: Management Criticism - Select Equity criticized management for mishandling the transition of the James Allen and Blue Nile brands to a new technology platform and for poor capital allocation [4]. - The firm also expressed concerns regarding the appointment of new CEO J.K. Symancyk, suggesting that he lacks the necessary experience for the role [4]. Group 3: Company Performance - Signet's stock has experienced a significant decline, dropping nearly 50% from its peak in November, following a missed earnings estimate in the third quarter and a subsequent guidance cut for the holiday quarter [5]. - Despite today's stock gains, the overall performance indicates that Signet has struggled to outperform the industry, as noted by Select Equity [6]. Group 4: Strategic Considerations - Considering strategic alternatives may be beneficial for Signet, as there could be interest from private equity firms or other maneuvers to enhance company value [7]. - A response from the board to Select Equity's letter is anticipated, and if a sale is considered, it could lead to an increase in the stock price [7].

Group 1: Company Performance - Signet (SIG) stock closed at $54.91, showing a +1.33% change from the previous day's closing price, outperforming the S&P 500's daily gain of 0.03% [1] - Over the past month, Signet shares have decreased by 26.81%, underperforming the Retail-Wholesale sector's gain of 9.07% and the S&P 500's gain of 4.19% [1] - The upcoming earnings report projects an EPS of $6.39, reflecting a 5.05% decline compared to the same quarter last year, with revenue expected to be $2.33 billion, indicating a 6.71% decrease [2] Group 2: Analyst Estimates and Ratings - Recent adjustments to analyst estimates for Signet are being monitored, as upward revisions indicate analysts' positive outlook on the company's operations and profit generation [3] - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), currently ranks Signet at 4 (Sell), with a 13.71% decrease in the Zacks Consensus EPS estimate over the last 30 days [5] - The Zacks Rank has a strong track record, with 1 stocks delivering an average annual return of +25% since 1988 [5] Group 3: Valuation Metrics - Signet's Forward P/E ratio stands at 6.08, which is below the industry average Forward P/E of 15.25, indicating a valuation discount [6] - The company has a PEG ratio of 3.44, compared to the Retail - Jewelry industry's average PEG ratio of 4.11, suggesting a relatively favorable valuation in terms of expected earnings growth [7] Group 4: Industry Context - The Retail - Jewelry industry, part of the Retail-Wholesale sector, has a Zacks Industry Rank of 155, placing it in the bottom 39% of over 250 industries [8] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1, highlighting the importance of industry strength in stock performance [8]

Company Performance - Signet (SIG) closed at $59.54, reflecting a -1.51% change from the previous day, underperforming the S&P 500's daily loss of 1.46% [1] - Over the past month, Signet's shares have decreased by 26.25%, contrasting with the Retail-Wholesale sector's gain of 2.27% and the S&P 500's gain of 1.08% [1] Upcoming Earnings - Analysts predict Signet will report an EPS of $6.39, indicating a 5.05% decline compared to the same quarter last year [2] - The consensus estimate for revenue is projected at $2.33 billion, reflecting a 6.71% decrease from the equivalent quarter last year [2] Annual Forecast - Zacks Consensus Estimates forecast earnings of $8.73 per share and revenue of $6.68 billion for the year, indicating changes of -15.81% and -6.83%, respectively, compared to the previous year [3] Analyst Projections - Recent shifts in analyst projections for Signet should be monitored, as positive estimate revisions can indicate a favorable business outlook [4] Zacks Rank and Valuation - The Zacks Rank system currently rates Signet as 5 (Strong Sell), with the EPS estimate moving 11.6% lower over the last 30 days [6] - Signet's Forward P/E ratio is 6.92, indicating a discount compared to its industry's Forward P/E of 21.71 [6] Industry Comparison - Signet has a PEG ratio of 3.91, while the average PEG ratio for Retail - Jewelry stocks is 4.29 [7] - The Retail - Jewelry industry holds a Zacks Industry Rank of 216, placing it in the bottom 14% of over 250 industries [7]