Signet Jewelers Ltd
SIG
ISIN BMG812761002 / Valor 4466441
Signet Jewelers Ltd
UMushroom community rating:
About company
Signet Jewelers Ltd is a prominent player in the global jewelry market, operating through various well-known brands that cater to a wide range of consumer preferences and price points. Among its portfolio, Jared is recognized for its extensive merchandise selection, positioning itself as a significant off-mall specialty retail jewelry chain in the United States. Rocksbox enhances the company's offerings by providing a unique jewelry rental subscription service, allowing members to rent and swap designer jewelry through an online platform. Zales Jewelers, another key brand under Signet's umbrella, is celebrated for its fine jewelry offerings that combine quality with exceptional value, catering to customers seeking everything from statement pieces to sophisticated diamond designs. In Canada, Peoples Jewellers holds the title of the country's leading fine jewelry retailer, known for its broad assortment of affordable fine jewelry and brand-name watches. Together, these brands underscore Signet Jewelers Ltd's strategic positioning across various segments of the jewelry market, from rental and subscription services to traditional retail, thereby catering to a diverse clientele seeking quality, value, and variety in their jewelry purchases.
Summarized from source with an LLMView SourceSector: Consumer ServicesLatest Results (24.12.2024):
Sales Performance
In the third quarter of Fiscal 2025, Signet Jewelers Ltd reported sales of $1.3 billion, which represents a decrease of $42.5 million or 3.1% compared to the same period in Fiscal 2024. The decline in sales was attributed to a 0.7% drop in same store sales, reflecting challenges in both physical stores and eCommerce sales.
Operating Income
Signet Jewelers Ltd's operating income for the third quarter of Fiscal 2025 was $9.2 million, down from $13.3 million in the same quarter of the previous fiscal year. The adjusted operating income was $16.2 million, a decrease from $23.9 million in Q3 of Fiscal 2024, indicating a challenging operating environment.
Earnings Per Share
The company reported diluted earnings per share (EPS) of $0.12 for the third quarter of Fiscal 2025, an increase from $0.07 in the same quarter of the previous year. The adjusted diluted EPS remained flat at $0.24, consistent with Q3 of Fiscal 2024, despite restructuring and related charges impacting the current quarter's results.
Cash and Share Repurchase
As of the end of the third quarter, Signet Jewelers Ltd had cash and cash equivalents totaling $157.7 million, a significant decrease from $643.8 million in Q3 of Fiscal 2024. During the quarter, the company repurchased approximately 743,000 common shares for $66.5 million, reflecting its commitment to returning capital to shareholders.
Fiscal 2025 Outlook
For the full Fiscal 2025, Signet Jewelers Ltd has provided guidance with total sales expected to range between $6.74 billion and $6.81 billion. The company anticipates same store sales to decline by 2% to 3%, with adjusted operating income projected between $540 million and $570 million. Adjusted diluted EPS is forecasted to be between $9.62 and $10.08, reflecting ongoing strategic initiatives and market conditions.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
6468 M
Market cap (USD)
94,819
Daily traded volume (Shares)
81.24 / 79.415
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
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Est dividend (USD)
Est dividend yield
P/E ratio
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EPS (USD)
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Ratings & reviews
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