WS Investor
19 Mar 2025, 15:57
Signet Jewelers reported Q4 FY25 sales of $2.35 billion, down 5.8%, with same-store sales declining 1.1%. Operating income fell to $152.6 million from $416.3 million, impacted by $200.7 million in impairment charges. Adjusted EPS was $6.62, slightly down from $6.73 last year.
For FY25, sales dropped 6.5% to $6.7 billion, with same-store sales down 3.4%. Operating income fell to $110.7 million from $621.5 million, driven by asset impairments. Adjusted EPS was $8.94, compared to $10.37 last year. The company generated $590.9 million in cash from operations and returned $1 billion to shareholders.
Signet introduced a new strategy, “Grow Brand Love,” focusing on style-driven products and bridal leadership. It plans to transition over 10% of mall stores to off-mall and eCommerce within three years. FY26 guidance projects sales between $6.53 billion and $6.80 billion, with adjusted EPS between $7.31 and $9.10.
For FY25, sales dropped 6.5% to $6.7 billion, with same-store sales down 3.4%. Operating income fell to $110.7 million from $621.5 million, driven by asset impairments. Adjusted EPS was $8.94, compared to $10.37 last year. The company generated $590.9 million in cash from operations and returned $1 billion to shareholders.
Signet introduced a new strategy, “Grow Brand Love,” focusing on style-driven products and bridal leadership. It plans to transition over 10% of mall stores to off-mall and eCommerce within three years. FY26 guidance projects sales between $6.53 billion and $6.80 billion, with adjusted EPS between $7.31 and $9.10.