Signet Jewelers

Signet Jewelers (SIG) Q4 2025 Earnings

Reported Mar 19, 2025 at 7:02 AM ET · SEC Source

Q4 25 EPS

$6.62

BEAT +5.86%

Est. $6.25

Q4 25 Revenue

$2.35B

BEAT +0.90%

Est. $2.33B

vs S&P Since Q4 25

+12.6%

BEATING MARKET

SIG +44.0% vs S&P +31.3%

Full Year 2025 Results

FY 25 EPS

$8.94

BEAT +2.95%

Est. $8.68

FY 25 Revenue

$6.70B

BEAT +0.31%

Est. $6.68B

Market Reaction

Did SIG Beat Earnings? Q4 2025 Results

Signet Jewelers delivered a mixed fourth-quarter fiscal 2025 result, narrowly missing on the bottom line while edging past revenue expectations in a period defined by strategic reset rather than financial momentum. Adjusted diluted EPS came in at $6.… Read more Signet Jewelers delivered a mixed fourth-quarter fiscal 2025 result, narrowly missing on the bottom line while edging past revenue expectations in a period defined by strategic reset rather than financial momentum. Adjusted diluted EPS came in at $6.62, just shy of the $6.67 consensus estimate, while revenue of $2.35 billion beat the $2.33 billion forecast despite falling 5.8% year-over-year, partly due to cycling a 53rd week in the prior period. The quarter was weighed down by $200.70 million in non-cash impairment charges tied primarily to its Digital brands, Blue Nile and James Allen, which compressed GAAP earnings sharply. Incoming CEO J.K. Symancyk used the report to unveil a sweeping "Grow Brand Love" reorganization, restructuring the brand portfolio and announcing plans to close up to 150 underperforming stores amid a 30% reduction in senior leadership. Looking ahead, Signet guided full-year FY26 adjusted diluted EPS of $7.31 to $9.10 on sales of $6.53 billion to $6.80 billion, with same-store sales trending positive heading into the new fiscal year.

Key Takeaways

  • Merchandise Average Unit Retail increased approximately 7%
  • Gross merchandise margin expanded 30 basis points
  • Positive same store sales trend in January and Q1 FY26 to date
  • Improved Bridal trends
  • Increased depth of assortment at key price points
  • Reduced diluted share count by nearly 20% in FY25
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SIG YoY Financials

Q4 2025 vs Q4 2024, source: SEC Filings

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SIG Revenue by Segment

With YoY comparisons, source: SEC Filings

Q4 25 Q1 27
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SIG Revenue by Geography

Regional revenue distribution

“I'd like to thank the team for their efforts in delivering a positive comp in January. This positive trend has continued into the first quarter to date with growth across all categories. Since holiday, we increased our depth of assortment at key price points while also benefiting from improved Bridal trends.”

— J.K. Symancyk, Q4 2025 Earnings Press Release