NYSE$SIG

Signet Jewelers LTD · Q1 2027 earnings

Q1 2027 earnings · · Before market open · Investor relations

Briefing

Signet Jewelers reported Q1 FY2027 sales of $1.55 billion with same store sales growth of 1.8%.

Signet Jewelers achieved sales of $1.55 billion in Q1 FY2027, reflecting 1.8% same store sales growth. Adjusted operating income rose to $78.6 million and adjusted diluted EPS increased to $1.56, while GAAP operating income declined due to restructuring charges related to the James Allen transition. The company raised full-year adjusted EPS guidance and continued returning capital to shareholders via dividends and share repurchases.

  • Same store sales grew 1.8% with all categories up on a comparable basis and AUR up ~5%.
  • Adjusted operating income increased 11.8% to $78.6 million and adjusted diluted EPS rose to $1.56 from $1.18.
  • GAAP results impacted by $41.7 million in restructuring charges, primarily non-cash, related to James Allen transition.
  • FY2027 adjusted EPS guidance raised to $9.20-$11.00; company plans additional $50 million ASR and has returned over $125 million to shareholders YTD.

Headline financials

Total Revenue

$1.55B

Previous: $1.54B+0.8%
EPS (adj)

$1.56

Previous: $0.78+100.0%
Gross Margin Rate

35.8%

No prior period
Operating Margin

2.4%

No prior period
Same Store Sales Growth

1.8%

No prior period
Adjusted Operating Margin

5.1%

No prior period
Capital Expenditures

-$24.5M

Previous: -$36.6M+33.1%
Free Cash Flow

-$169M

Previous: -$3.1M-5358.1%
Net Income

$31.7M

Previous: $33.5M-5.4%
Operating Income

$36.9M

Previous: $48.1M-23.3%
Gross Profit

$557M

Previous: $599M-7.1%
Cash & Equivalents

$603M

Previous: $264M+128.2%
Total Assets

$5.73B

Previous: $5.45B+5.1%

Revenue & EPS history

Signet · Revenue · Quarterly

$1.55B

Q1 2027+0.8%vs Q1 2026
Beat estimate in 8 of 15 quarters(53%)
ActualEstimate

Revenue by segment

Signet · $1.55B total across 2 segments · Q1 2027

  • North America
    $1.46B
  • International
    $87.5M

Forward guidance

Company raised FY2027 adjusted EPS guidance to $9.20-$11.00 reflecting Q1 performance, Q2 momentum and share repurchases.

Tailwinds

  • Q1 SSS growth of 1.8% and AUR growth of ~5%.
  • Double-digit adjusted operating income growth.
  • Strong liquidity of ~$1.7 billion.

Headwinds

  • GAAP operating income declined due to restructuring charges.
  • Dynamic tariff, commodity and consumer environment assumed.
  • Net square footage expected to decrease low single digits.

Historical earnings impact

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

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2027

Historical avgQ1 2027

+1.4%

Avg return

Earnings day

+0.1%

Avg return

5 days after

+0.8%

Avg return

30 days after

58%

40 / 69 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
Q1 2027+3.9%-2.1%
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%

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