Updated 4:44 p.m. As the overall holiday picture crystallizes — with OK, but not outsized sales gains — more specialty retailers are weighing in with their own results, adding more color to the season. More from WWD What Wall Street sees is a mixed bag, at least when compared with its own expectations. A kind of consensus read on what 2026 might bring should start to come together as retailers and investors go over all the numbers and check the outlook at the ICR Conference in Orlando and the National R ...

Core Viewpoint - Signet Jewelers Limited (SIG) reported fourth-quarter fiscal 2025 results with both revenues and earnings declining year over year, despite surpassing consensus estimates for both metrics [1][3]. Financial Performance - Adjusted earnings per share were $6.62, exceeding the Zacks Consensus Estimate of $6.39, but down 1.6% from $6.73 in the previous year [3]. - Total sales reached $2,352.6 million, beating the consensus estimate of $2,330 million, but fell 5.8% year over year, with a 5.7% decline at constant currency [3]. - Gross profit for the quarter was $1 billion, down 7.4% from $1.08 billion in the prior year, with a gross margin decline of 70 basis points to 42.6% [4]. - Selling, general and administrative (SG&A) expenses were $639.2 million, a decrease of 4.9% year over year, but SG&A as a percentage of sales increased by 30 basis points to 27.2% [5]. Segment Performance - North American segment sales fell 5.6% year over year to $2.22 billion, surpassing the consensus estimate of $2.19 billion, while same-store sales decreased by 1.1% [6]. - International segment sales decreased by 10.9% year over year to $126.2 million, missing the consensus estimate of $137 million, with same-store sales down 1.5% [6]. Store Count - As of February 1, 2025, the North American segment had 2,379 stores, down from 2,411 a year prior, while the International segment had 263 stores, down from 287 [7]. Financial Snapshot - At the end of the fiscal fourth quarter, cash and cash equivalents stood at $604 million, with inventories at $1.94 billion and total shareholders' equity at $1.85 billion [8]. Share Repurchase - In fiscal 2025, Signet repurchased 1.6 million shares for $138 million, with approximately $723 million remaining under its share repurchase authorization [9]. Guidance - For Q1 fiscal 2026, total sales are expected between $1.50 billion and $1.53 billion, with same-store sales projected to be flat to an increase of 2% [11]. - For fiscal 2026, total sales are projected between $6.53 billion and $6.80 billion, with same-store sales expected to decline by 2.5% to an increase of 1.5% [12].