Stock Market Live July 2, 2026: S&P 500 (SPY) Flat with New Jobs Data
Q3 26 EPS
$0.63
BEAT +119.67%
Est. $0.29
Q3 26 Revenue
$1.39B
BEAT +1.60%
Est. $1.37B
vs S&P Since Q3 26
-18.2%
TRAILING MARKET
SIG -9.2% vs S&P +9.0%
Market Reaction
Did SIG Beat Earnings? Q3 2026 Results
Signet Jewelers delivered a standout third quarter of Fiscal 2026, reporting adjusted diluted EPS of $0.63 against a consensus estimate of $0.29, a beat of 119.67% that underscores the strength of its ongoing Grow Brand Love strategy. Revenue reached… Read more Signet Jewelers delivered a standout third quarter of Fiscal 2026, reporting adjusted diluted EPS of $0.63 against a consensus estimate of $0.29, a beat of 119.67% that underscores the strength of its ongoing Grow Brand Love strategy. Revenue reached $1.39 billion, up 3.1% year-over-year and edging past the $1.37 billion consensus by 1.60%, with same-store sales growth of 3% across its flagship Kay, Zales, and Jared banners. The most material driver was gross margin expansion of 130 basis points to 37.3%, as merchandise margin gains, services growth, and fixed cost leverage more than offset tariff headwinds and higher gold costs, with average unit retail rising 7% overall. Free cash flow swung sharply positive to $31 million from negative $75.4 million a year ago, reflecting disciplined inventory management. The company raised its full-year adjusted diluted EPS guidance to $8.43 to $9.59 and total sales to $6.70 to $6.83 billion, though a cautious Q4 outlook, with same-store sales guided at -5% to +0.5%, reflects some uncertainty heading into the critical holiday trading period.
Key Takeaways
- • 3% same store sales growth led by Kay, Zales, and Jared
- • Merchandise Average Unit Retail up 7%, with Bridal up 6% and Fashion up 8%
- • Balanced diamond assortment strategy and stabilizing diamond retail prices
- • Gross merchandise margin expansion despite tariffs and higher gold costs
- • Services growth contributing to gross margin expansion
- • Leverage on fixed costs driving 130 basis points gross margin rate improvement
- • Disciplined working capital management improving free cash flow by more than $100 million year-over-year
SIG YoY Financials
Q3 2026 vs Q3 2025, source: SEC Filings
SIG Revenue by Segment
With YoY comparisons, source: SEC Filings
SIG Revenue by Geography
Regional revenue distribution
“Signet's Grow Brand Love strategy delivered 3% same store sales growth led by Kay, Zales, and Jared which reflects our continued focus on our largest brands. Our balanced diamond assortment strategy, alongside ongoing stabilization in diamond retail prices, is driving growth and expanded average retails in both Bridal and Fashion.”
— J.K. Symancyk, Q3 2026 Earnings Press Release
SIG Earnings Trends
SIG vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
SIG EPS Trend
Earnings per share: estimate vs actual
SIG Revenue Trend
Quarterly revenue: estimate vs actual
SIG Quarterly Results
6 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 27 BEAT | $1.38 | $1.56 | +12.89% | $1.55B | -0.01% |
| Q4 26 BEAT FY | $6.11 | $6.25 | +2.23% | $2.35B | +0.02% |
| FY Full Year | $9.47 | $9.60 | +1.39% | $6.81B | +0.01% |
| Q3 26 BEAT | $0.29 | $0.63 | +119.67% | $1.39B | +1.60% |
| Q2 26 BEAT | $1.24 | $1.61 | +29.74% | $1.54B | +2.19% |
| Q1 26 BEAT | $1.04 | $1.18 | +13.77% | $1.54B | +1.40% |
| Q4 25 BEAT FY | $6.25 | $6.62 | +5.86% | $2.35B | +0.90% |
| FY Full Year | $8.68 | $8.94 | +2.95% | $6.70B | +0.31% |