Signet Jewelers ( (SIG) ) has released its Q4 earnings. Here is a breakdown of the information Signet Jewelers presented to its investors.
Signet Jewelers Limited is the world’s largest retailer of diamond jewelry, operating approximately 2,600 stores under various brand names, including Kay Jewelers, Zales, and Jared. The company is known for its focus on sustainability and ethical business practices.
In its latest earnings report, Signet Jewelers announced its fourth-quarter and full-year fiscal 2025 results, which showed a decline in sales and operating income compared to the previous year. Despite these challenges, the company highlighted positive trends in same-store sales and outlined a new strategy called ‘Grow Brand Love’ aimed at accelerating growth and shareholder value.
Key financial metrics revealed that fourth-quarter sales were $2.4 billion, a decrease of 5.8% from the previous year, with same-store sales down 1.1%. Operating income for the quarter was significantly impacted by non-cash impairment charges, resulting in a decrease to $152.6 million from $416.3 million in the prior year. For the full fiscal year, sales declined by 6.5% to $6.7 billion, and the company reported a diluted loss per share of $0.81.
Despite the financial setbacks, Signet Jewelers generated over $400 million in free cash flow and returned approximately $1 billion to shareholders. The company plans to optimize its real estate portfolio by transitioning some mall locations to off-mall and eCommerce channels. Looking ahead, Signet’s fiscal 2026 guidance anticipates sales between $6.53 billion and $6.80 billion, with a focus on organic growth and maintaining a conservative balance sheet.
Signet’s management remains cautiously optimistic about the future, with plans to enhance its product assortment and expand its leadership in the bridal segment. The company aims to leverage its new strategy to drive long-term growth and create value for shareholders.