Welcome to our dedicated page for Signet Jewelers news (Ticker: SIG), a resource for investors and traders seeking the latest updates and insights on Signet Jewelers stock.
Signet Jewelers (SIG), the world's largest specialty diamond jewelry retailer, provides essential updates through this centralized news hub. Track official press releases and market developments across SIG's North American and UK operations, including iconic brands like Kay Jewelers and H. Samuel.
This resource delivers timely updates on earnings reports, strategic acquisitions, leadership changes, and product innovations. Investors gain critical insights into SIG's omnichannel retail strategy while analysts monitor trends in bridal jewelry demand and luxury retail dynamics.
Content focuses on verifiable developments: quarterly financial results, partnership announcements, operational expansions, and sustainability initiatives. Regular updates ensure stakeholders stay informed about SIG's market position in competitive specialty retail.
Bookmark this page for efficient tracking of SIG's business trajectory. Combine periodic checks with SEC filings for comprehensive understanding of the company's performance in evolving jewelry markets.
Signet Jewelers (NYSE: SIG) reported its first-quarter fiscal 2025 results, showing a decline in sales and earnings compared to the same period last year. Sales dropped by 9.4% to $1.5 billion, with same-store sales down 8.9%. Operating income fell to $49.8 million from $101.7 million, while adjusted operating income decreased to $57.8 million.
Despite these declines, the company experienced a recovery in North American engagement unit sales and growth in Fashion sales. Free cash flow improved, and the company repurchased $7.4 million in common shares. The company reaffirmed its full-year guidance, projecting sales between $6.66 billion and $7.02 billion, with adjusted diluted EPS between $9.90 and $11.52. A quarterly dividend of $0.29 per share was declared.
Signet Jewelers (NYSE: SIG) has announced the release date for its fiscal 2025 first quarter earnings report. The results will be released on June 13, 2024, at approximately 7:00 a.m. ET. An earnings conference call is scheduled for the same day at 8:30 a.m. ET. The call can be accessed toll-free in North America at (+1) 800 549 8228 or locally in Toronto at (+1) 289 819 1520 using Conference ID 59089. A simultaneous listen-only webcast will be available on the company's website. Registration for the webcast is open now.