earnings
confidence high
sentiment positive
materiality 0.75
Signet Jewelers Q4 sales down 5.2%, but non-GAAP EPS rises; guides FY24 EPS $11.07-$11.59
SIGNET JEWELERS LTD
2023-FY EPS reported
$6.64
revenue$7,842,100,000
- Q4 total sales $2.7B, down 5.2% YoY; same store sales down 9.1% YoY.
- Non-GAAP diluted EPS $5.52, up from $5.01 YoY; GAAP diluted EPS $5.02.
- FY2024 guidance: non-GAAP diluted EPS $11.07 to $11.59; expects double-digit non-GAAP operating margin.
- Increased quarterly dividend to $0.23/share; share buyback authorization raised by $263M to ~$775M remaining.
- Cash from operations $797.9M for FY2023, down from $1.3B in FY2022.