From Yahoo Finance: 2025-06-03 09:47:00

Signet Jewelers Ltd. (NYSE:SIG) shares are up after reporting first-quarter 2025 earnings. Revenue hit $1.54 billion, beating estimates, while adjusted EPS of $1.18 also surpassed expectations. Same-store sales rose 2.5%, with North American sales up 2.1% and international segment sales growing 3.8%.

Gross margin increased to $598.8 million, with operating income at $48.1 million. Signet used $175.3 million in operating cash, declared a 32-cent quarterly dividend, and repurchased shares in the quarter. The company raised its 2026 revenue guidance and adjusted EPS forecast, expecting strong performance ahead.

CEO J.K. Symancyk highlighted positive sales growth and brand performance, while CFO Joan Hilson noted an increase in low-end guidance and adjusted EPS. Signet raised its 2026 revenue guidance and adjusted EPS forecast, with expectations of continued growth. For the second quarter, revenue is projected to be above estimates.

SIG shares are trading higher by 8.23% to $72.31. Signet Jewelers Ltd. reported strong first-quarter 2025 earnings, beating revenue estimates and raising guidance for the future. The company’s positive performance and outlook have resulted in a significant stock price increase.

Read more: Signet CFO Says Current Tariffs Factored Into Raised FY26 Guidance, Stock Soars