Signet Jewelers beats earnings expectations, raises forecast, and outlook, stock surges 11%

From Financial Modeling Prep: 2025-06-03 14:33:00

Signet Jewelers (NYSE:SIG) stock surged 11% after reporting Q1 earnings of $1.18 per share, beating estimates. Revenue of $1.5 billion was slightly below expectations but still up 2% YoY, driven by a 2.5% increase in same-store sales. Full-year adjusted earnings guidance was raised to $7.70-$9.38 per share.

For fiscal 2026, Signet now expects revenue between $6.57-$6.80 billion, with Q2 revenue projected to range from $1.47-$1.51 billion. Comparable sales are forecasted to decline by 1.5% to grow by 1%. The revised outlook surpasses analyst expectations, boosting investor confidence in the jewelry retailer’s performance.



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