---
schema_version: "secwatch.filing_event.v1"
accession: "0000832988-24-000076"
form_type: "8-K"
ticker: "SIG"
cik: "0000832988"
company_name: "SIGNET JEWELERS LTD"
filed_at: "2024-03-20T23:59:59+00:00"
generated_at: "2026-06-04T12:38:56.953002+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Signet Jewelers Q4 EPS beats; announces $350M cost out, raises buyback and dividend

## Summary
- Q4 total sales $2.5B, down 6.3% YoY; same store sales down 9.6%.
- GAAP diluted EPS $11.75 (incl. $4.94 deferred tax benefit); non-GAAP diluted EPS $6.73.
- Announces $350M cost out initiative over next 3 years; expects $150M-$180M savings in FY2025.
- Share repurchase authorization raised to $850M (from ~$650M); common dividend increased 26%.
- Cash $1.4B; free cash flow exceeded $600M for 4th consecutive year excluding legal settlements.

## SEC filing metadata
- accession: 0000832988-24-000076
- form_type: 8-K
- ticker: SIG
- cik: 0000832988
- company_name: SIGNET JEWELERS LTD
- filed_at: 2024-03-20T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- 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/832988/000083298824000076/0000832988-24-000076-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/832988/000083298824000076/sig-20240320.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000832988-24-000076
- JSON: https://secwatch.observer/filing/0000832988-24-000076.json
- Plain text: https://secwatch.observer/filing/0000832988-24-000076.txt

## Key facts
- Earnings Releases
  SIGNET JEWELERS LTD reported the fourth quarter ended February 3, 2024 results: revenue $2.5 billion, EPS $11.75.
  - Period: the fourth quarter ended February 3, 2024
  - Revenue: $2.5 billion
  - EPS: $11.75
  - Result: reported results
  source text: continuing cost diligence to drive operating income, including $150 million to $180 million in cost savings this year." Fourth Quarter Fiscal 2024 Highlights: • Total sales of $2.5 billion, down $168.6 million or 6.3% (down 6.6% (2) on a constant currency basis) to Q4 of FY23.This includes $103.2 million of sales from the Company’s 53rd week, partially offset by
  evidence_url: https://www.sec.gov/Archives/edgar/data/832988/000083298824000076/0000832988-24-000076-index.htm

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