The most recent trading session ended with Signet (SIG) standing at $75.61, reflecting a -0.77% shift from the previouse trading day's closing. This move lagged the S&P 500's daily gain of 1.04%. Elsewhere, the Dow saw an upswing of 0.76%, while the tech-heavy Nasdaq appreciated by 1.03%. Prior to today's trading, shares of the jewelry company had lost 12.36% over the past month. This has lagged the Retail-Wholesale sector's loss of 8.36% and the S&P 500's loss of 6.74% in that time. The upcoming earnings r ...

Signet Jewelers Limited (SIG) has effectively navigated a challenging market landscape by implementing strategic cost-saving measures, enhancing digital platforms, optimizing fleet performance and introducing innovative product offerings. Despite downturns in certain segments, particularly in North America and international markets, Signet's proactive measures and strategic partnerships, such as the De Beers partnership, position the company for continued success. The Zacks Consensus Estimate for current-ye ...

Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model. From a valuation perspective, Signet is currently exchanging hands at a Forward P/E ratio of 7.8. This signifies a discount in comparison to the average Forward P/E of 20.13 for its industry. The jewelry company's stock has droppe ...

Signet (SIG) closed the most recent trading day at $85.27, moving +1.16% from the previous trading session. The stock's change was more than the S&P 500's daily gain of 1.08%. At the same time, the Dow added 0.32%, and the tech-heavy Nasdaq gained 1.58%. SIG's full-year Zacks Consensus Estimates are calling for earnings of $10.60 per share and revenue of $6.8 billion. These results would represent year-over-year changes of +2.22% and -5.23%, respectively. In terms of valuation, Signet is currently trading a ...

Coming into today, shares of the jewelry company had gained 1.04% in the past month. In that same time, the Retail-Wholesale sector gained 1.3%, while the S&P 500 gained 3.78%. For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $10.60 per share and a revenue of $6.8 billion, representing changes of +2.22% and -5.23%, respectively, from the prior year. Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To exploit thi ...

The company faces challenges stemming from weakened consumer demand and heightened competitive pressures, particularly in the higher-priced market segments crucial for sustaining revenue growth and profitability. This scenario is not unique to Signet, as competitors like Brilliant Earth Group, Inc. (BRLT) and Chow Tai Fook Jewellery Group Limited (CJEWY) are also navigating similar market dynamics. Why is Signet's Shine Fading? Signet's ongoing digital transformation initiatives are yet to fully offset thes ...

Signet Jewelers' Same-Store Sales Decline: Impact on Stock Signet Jewelers 52-Week Range $59.80 $112.06 P/E Ratio 7.42 Add to Watchlist Another potential reason for the fall in the stock price is that in the quarterly conference call, Chief Financial Officer Joan Hilson stated that the firm is sensing there will be more pressure on margins this year than previously thought. This is due to promotional pricing within the industry, which could force Signet to do the same to keep prices competitive. Positive EP ...

As a result, revenue fell 9.4% year over year to $1.51 billion, matching analyst estimates and the company's own guidance. However, profits fell sharply along with the decline in revenue as adjusted operating income slipped from $106.5 million to $57.8 million. The company reported adjusted earnings per share of $1.11, down from $1.78 in the quarter a year ago. Coming into its first-quarter earnings report, Signet Jewelers (SIG -5.50%) appeared to be executing its business plan effectively. The world's larg ...

This Zacks Rank #4 (Sell) player's shares have lost 7.8% in the past three months compared with the industry's 7.3% decline. This jewelry retailer generated total sales of $1,510.8 million, surpassing the consensus estimate of $1,505 million. However, the top line fell 9.4% year over year. The metric declined 9.6% at constant currency. The adjusted merchandise margin increased 100 basis points, driven by growth in services and the introduction of new products, including the expansion of lab-grown diamonds i ...

Signet Jewelers Limited (NYSE:SIG) Q1 2025 Earnings Conference Call June 13, 2024 8:30 AM ET Company Participants Rob Ballew - Senior Vice President, Investor Relations Gina Drosos - Chief Executive Officer Joan Hilson - Chief Financial, Strategy and Services Officer Conference Call Participants Paul Lejuez - Citigroup Ike Boruchow - Wells Fargo Mauricio Serna - UBS Jim Sanderson - Northcoast Research Dana Telsey - Telsey Group Operator Good morning, and welcome to Signet Jewelers First Quarter Fiscal 2025 ...