earnings
confidence high
sentiment neutral
materiality 0.70
Signet Q1 sales $1.5B (-9.4%); adj EPS $1.11; reaffirms FY guidance
SIGNET JEWELERS LTD
2025-Q1 EPS reported
-$0.90
revenue$1,510,800,000
- Sales $1.5B, down 9.4% YoY; same store sales down 8.9%.
- Adjusted diluted EPS $1.11 (vs $1.78); GAAP diluted loss $0.90 due to $85.1M deemed dividend on preferred share redemption.
- Operating income $49.8M; adjusted operating income $57.8M; adjusted merchandise margin +100 bps.
- Cash $729.3M; year-to-date cash used in ops improved to $158.2M from $381.8M.
- Reaffirmed full-year guidance; North America engagement unit sales improved 400 bps sequentially ex-Digital banners.