---
schema_version: "secwatch.filing_event.v1"
accession: "0000832988-23-000149"
form_type: "8-K"
ticker: "SIG"
cik: "0000832988"
company_name: "SIGNET JEWELERS LTD"
filed_at: "2023-06-08T23:59:59+00:00"
generated_at: "2026-06-14T05:26:21.074074+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Signet Jewelers Q1 sales $1.7B (-9.3%); adjusted EPS $1.78 vs $2.86; guidance revised down

## Summary
- Sales $1.7B, down 9.3% YoY (8.7% constant currency); same-store sales down 13.9%.
- GAAP diluted EPS $1.79 (vs -$1.89); non-GAAP diluted EPS $1.78 (vs $2.86).
- Non-GAAP operating income $106.5M, down from $194.6M; GAAP OI $101.7M includes $7.8M integration.
- FY cost savings target raised to $225-250M; guidance revised to reflect worsening macro and softer Mother's Day.
- Cash $655.9M; repurchased $39.1M shares in Q1; paid ~$201M litigation settlements.

## SEC filing metadata
- accession: 0000832988-23-000149
- form_type: 8-K
- ticker: SIG
- cik: 0000832988
- company_name: SIGNET JEWELERS LTD
- filed_at: 2023-06-08T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/832988/000083298823000149/0000832988-23-000149-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/832988/000083298823000149/sig-20230608.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000832988-23-000149
- JSON: https://secwatch.observer/filing/0000832988-23-000149.json
- Plain text: https://secwatch.observer/filing/0000832988-23-000149.txt

## Key facts
- Earnings Releases
  SIGNET JEWELERS LTD reported first quarter ended April 29, 2023 results: revenue $1.7 billion, EPS $1.79.
  - Period: first quarter ended April 29, 2023
  - Revenue: $1.7 billion
  - EPS: $1.79
  - Result: reported results
  source text: Sales of $1.7 billion, down $170.3 million or 9.3% (down 8.7% (1) on a constant currency basis) to Q1 of FY23.
  evidence_url: https://www.sec.gov/Archives/edgar/data/832988/000083298823000149/0000832988-23-000149-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.