Signet(SIG)

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Fast-paced Momentum Stock Signet (SIG) Is Still Trading at a Bargain
ZACKS· 2025-06-05 13:51
Momentum investors typically don't time the market or "buy low and sell high." In other words, they avoid betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time.Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth potential fails to justify their swelled-up valuation. In that phase ...
Up 60% in Three Months, Can This Bargain Stock Keep Gaining?
The Motley Fool· 2025-06-05 08:16
Signet Jewelers (SIG -1.01%) is the world's largest retailer of diamond jewelry, but as a leader in a mature market, the stock has been overlooked by investors hungry for growth in the artificial intelligence (AI) era.That's led Signet, which owns banners like Kay, Jared, and Zales, to trade at a bargain valuation, and the stock looks more attractive after surging on its first-quarter earnings report. The company returned to same-store sales growth for the first time in several quarters and beat estimates o ...
These Analysts Increase Their Forecasts On Signet Jewelers After Better-Than-Expected Q1 Earnings
Benzinga· 2025-06-04 21:15
Signet Jewelers Limited SIG reported better-than-expected first-quarter financial results and raised its FY26 guidance on Tuesday.The company posted revenue of $1.54 billion, a 2% increase from the prior year, surpassing analysts’ consensus estimate of $1.49 billion. Adjusted EPS of $1.18 beat the consensus estimate of $1.07."We delivered positive same-store sales growth each month of the quarter, and into May, by bolstering our offerings at key price points and continuing the evolution of our assortment. O ...
Signet Q1 Earnings Beat, Same-Store Sales Up Y/Y, FY26 View Raised
ZACKS· 2025-06-04 13:26
Core Insights - Signet Jewelers Limited (SIG) reported strong first-quarter fiscal 2026 results, with both revenues and earnings exceeding expectations and showing year-over-year growth [1][2][8] - The company raised its fiscal 2026 outlook following these positive results, leading to a 12.5% increase in share price [1][8] Financial Performance - Adjusted earnings per share (EPS) were $1.18, surpassing the Zacks Consensus Estimate of $1.01, and increased 6.3% from $1.11 in the prior year [2] - Total sales reached $1,541.6 million, exceeding the consensus estimate of $1,516 million, and reflecting a 2% year-over-year increase [2] - Same-store sales rose 2.5% year over year, supported by an 8% increase in merchandise average unit retail (AUR) [2][8] Margins and Expenses - Gross profit for the quarter was $598.8 million, up 4.6% from $572.4 million in the previous year, with gross margin increasing by 100 basis points to 38.8% [3] - Selling, general and administrative (SG&A) expenses were $526 million, a 2.1% increase from the prior year, maintaining a flat percentage of sales at 34.1% [4] - Adjusted operating income rose 21.6% to $70.3 million, with an adjusted operating margin increase of 80 basis points to 4.6% [4] Segment Performance - North American segment sales increased 2.1% year over year to $1.45 billion, surpassing the consensus estimate of $1.43 billion, with same-store sales up 2.3% [5] - International segment sales grew 3.8% year over year to $80.1 million, exceeding the consensus estimate of $75.9 million, with same-store sales jumping 4.5% [5] Store Update - As of May 3, 2025, Signet operated 2,633 stores, a decrease from 2,642 due to five openings and 14 closures [9] Financial Snapshot - At the end of the fiscal first quarter, cash and cash equivalents stood at $264.1 million, with inventories at $2.01 billion and total shareholders' equity at $1.78 billion [10] - The company repurchased approximately 2.1 million common shares for $117.4 million during the quarter, with nearly $600 million remaining under the current share repurchase authorization [11] Guidance - For Q2 fiscal 2026, total sales are expected to range from $1.47 billion to $1.51 billion, with same-store sales projected to decline by 1.5% to increase by 1% [12] - Fiscal 2026 total sales guidance has been updated to $6.57 billion to $6.80 billion, with adjusted EPS expected between $7.70 and $9.38 [14][15]
Signet Jewelers: Improved Inventory Supports Further Recovery
Seeking Alpha· 2025-06-03 19:43
Core Viewpoint - Signet Jewelers Limited experienced a significant stock increase of over 9% following the release of its fiscal Q1 results, which were better than expected, providing some relief to investors [1] Financial Performance - The company reported fiscal Q1 results that exceeded market expectations, contributing to the positive stock movement [1] Market Reaction - The stock's rise of over 9% indicates a favorable market reaction to the company's performance, suggesting potential recovery or positive sentiment among investors [1]
Signet Jewlers: Not As Good As You'd Think
Seeking Alpha· 2025-06-03 17:49
Group 1 - The core focus of Quad 7 Capital is to provide investment opportunities through their BAD BEAT Investing platform, emphasizing both long and short trades with a proven track record of success [1] - The team consists of 7 analysts with diverse expertise in business, policy, economics, mathematics, game theory, and sciences, aiming to teach investors to become proficient traders [1] - Since May 2020, the company has maintained an average position of 95% long and 5% short, showcasing their strategic approach to market conditions [1] Group 2 - BAD BEAT Investing offers various benefits, including weekly well-researched trade ideas, access to 4 chat rooms, and daily summaries of key analyst upgrades and downgrades [2] - The platform also provides education on basic options trading and extensive trading tools to enhance investor knowledge and execution [2]
Signet Jewelers raises full year outlook after strong Q1
Proactiveinvestors NA· 2025-06-03 14:31
About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...
Compared to Estimates, Signet (SIG) Q1 Earnings: A Look at Key Metrics
ZACKS· 2025-06-03 14:30
For the quarter ended April 2025, Signet (SIG) reported revenue of $1.54 billion, up 2% over the same period last year. EPS came in at $1.18, compared to $1.11 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $1.52 billion, representing a surprise of +1.69%. The company delivered an EPS surprise of +16.83%, with the consensus EPS estimate being $1.01.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectatio ...
Signet(SIG) - 2026 Q1 - Earnings Call Transcript
2025-06-03 13:32
Signet Jewelers (SIG) Q1 2026 Earnings Call June 03, 2025 08:30 AM ET Company Participants Rob Ballew - SVP - IRJ.K. Symancyk - CEOJoan Hilson - Chief Financial & Operating OfficerPaul Lejuez - Managing DirectorJuliana Duque - Equity Research AssociateDana Telsey - CEO and Chief Research OfficerMauricio Serna - Executive Director Conference Call Participants Jim Sanderson - Equity Research Analyst Operator Good morning, and welcome to the Signet Jewelers First Quarter Fiscal twenty twenty six Earnings Call. ...
Signet(SIG) - 2026 Q1 - Earnings Call Transcript
2025-06-03 13:30
Signet Jewelers (SIG) Q1 2026 Earnings Call June 03, 2025 08:30 AM ET Speaker0 Good morning, and welcome to the Signet Jewelers First Quarter Fiscal twenty twenty six Earnings Call. Please note that this event is being recorded. Joining us today on the call are Rob Blue, Senior Vice President of Investor Relations and Capital Markets J. K. Simancic, Chief Executive Officer and Joan Hilson, Chief Financial and Operations Officer. At this time, I would like to turn the conference over to Rob. Please go ahead. ...