NYSE$SIG

Signet Jewelers LTD · Q1 2026 earnings

Q1 2026 earnings · · Before market open · Investor relations

Briefing

Reported strong Q1 Fiscal 2026 results with positive same store sales and increased adjusted EPS guidance.

Signet Jewelers delivered better-than-expected results for the first quarter of fiscal 2026, driven by positive same store sales growth across its key brands and improved margins. The company's strategic initiatives are showing early traction, leading to an increase in the lower end of its full-year operating guidance and a raise in adjusted EPS guidance, partly due to share repurchases.

  • Same store sales increased by 2.5% in Q1 Fiscal 2026, exceeding expectations.
  • Adjusted diluted EPS rose to $1.18 compared to $1.11 in the prior year quarter.
  • Gross margin improved by 100 basis points to 38.8% of sales.
  • The company repurchased $117.4 million of common shares during the quarter.

Headline financials

Total Revenue

$1.54B

Previous: $1.51B+2.0%
EPS (adj)

$1.18

Previous: -$0.90+231.1%
Capital Expenditures

-$36.6M

Previous: -$23.3M-57.1%
Free Cash Flow

-$3.1M

Previous: $28.8M-110.8%
Net Income

$33.5M

Previous: $52.1M-35.7%
Operating Income

$48.1M

Previous: $49.8M-3.4%
Gross Profit

$599M

Previous: $572M+4.6%
Cash & Equivalents

$264M

Previous: $729M-63.8%
Total Assets

$5.45B

Previous: $6.15B-11.4%
R&D Expense

$0.00

No prior period

Revenue & EPS history

Signet · Revenue · Quarterly

$1.54B

Q1 2026+2%vs Q1 2025
Beat estimate in 9 of 15 quarters(60%)
ActualEstimate

Revenue by segment

Signet · $2.15B total across 3 segments · Q4 2020

  • North America
    $1.95B
  • International
    $186M
  • Other
    $13.3M

Forward guidance

Signet is increasing the lower end of its Fiscal 2026 operating guidance and raising its adjusted EPS guidance, reflecting positive performance and share repurchases.

Tailwinds

  • Increased lower end of total sales guidance range for FY26.
  • Increased lower end of same store sales guidance range for FY26.
  • Increased lower end of adjusted operating income guidance range for FY26.
  • Increased lower end of adjusted EBITDA guidance range for FY26.
  • Raised adjusted diluted EPS guidance range for FY26.

Headwinds

  • Second quarter guidance for same store sales is between -1.5% and +1.0%.
  • Second quarter guidance for adjusted operating income is between $53 million and $73 million.
  • Guidance reflects the current macro environment.
  • Guidance reflects current tariffs.
  • Cannot provide forecasted GAAP operating income or diluted EPS due to potential non-recurring charges.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2026

Historical avgQ1 2026

+1.4%

Avg return

Earnings day

+0.2%

Avg return

5 days after

+0.8%

Avg return

30 days after

57%

39 / 68 earnings

Positive

+27.6%

Q3 2023

Best reaction

-30.1%

Q3 2018

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026+13.0%-9.4%-0.3%
Q3 2026-7.2%-13.3%-13.4%
Q2 2026+2.2%+6.4%+11.9%
Q1 2026+12.2%+16.3%+25.8%
Q4 2025+17.3%+26.9%+14.7%
Q3 2025-7.0%-14.1%-21.6%
Q2 2025+16.7%+19.8%+23.1%
Q1 2025-19.6%-15.8%-18.8%
Q4 2024-12.2%-7.2%-6.8%
Q3 2024+12.4%+14.7%+16.5%
Q2 2024+10.0%+4.3%+0.5%
Q1 2024-13.9%-15.7%-1.4%
Q4 2023+8.0%+10.0%+9.0%
Q3 2023+27.6%+18.1%+16.1%
Q2 2023-15.6%-18.2%-12.5%
Q1 2023-0.9%-1.8%-10.5%
Q4 2022+3.1%+6.4%-0.2%
Q3 2022-9.1%-3.9%-6.4%
Q2 2022+3.3%-3.3%+1.1%
Q1 2022+22.5%+21.6%+25.5%
Q4 2021+2.7%-8.8%+6.9%
Q3 2021-1.8%-5.1%-8.5%
Q2 2021+3.7%-3.7%+4.9%
Q1 2021-27.2%-32.9%-40.1%
Q4 2020+7.8%-12.0%+3.8%
Q3 2020+23.6%+24.9%+14.4%
Q2 2020+27.5%+53.0%+47.6%
Q1 2020+1.6%+2.0%-10.9%
Q4 2019+2.4%-6.1%-16.3%
Q3 2019-22.9%-30.7%-30.7%
Q2 2019+17.5%+15.6%+20.6%
Q1 2019+22.1%+28.0%+33.6%
Q4 2018-21.6%-17.6%-19.4%
Q3 2018-30.1%-34.3%-26.5%
Q2 2018+20.8%+21.0%+24.1%
Q1 2018-9.6%-12.2%+7.1%
Q4 2017+8.4%+5.3%+5.9%
Q3 2017+5.6%+4.7%+5.1%
Q2 2017-15.5%-16.3%-17.3%
Q1 2017-8.1%-8.7%-24.3%
Q4 2016+4.0%
Q3 2016-3.7%
Q2 2016+15.1%
Q1 2016-2.9%
Q4 2015+7.1%
Q3 2015+5.2%
Q2 2015+9.1%
Q1 2015+4.7%
Q4 2014+7.7%
Q3 2014+0.9%
Q2 2014-4.9%
Q1 2014-2.4%
Q4 2013+6.8%
Q3 2013-2.7%
Q2 2013-2.0%
Q1 2013-7.3%
Q4 2012-3.5%
Q3 2012-3.8%
Q2 2012+6.5%
Q1 2011+5.7%
Q1 2012-1.8%
Q4 2009+2.7%
Q4 2011+2.7%
Q3 2011+0.4%
Q3 2010+0.4%
Q2 2010-6.0%
Q4 2010-6.0%
Q2 2011-6.0%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro