AI Earnings Predictions for Signet Jewelers Limited (SIG)

EX-99.1

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EX-99.1

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Exhibit 99.1

SIGNET JEWELERS REPORTS FIRST QUARTER FISCAL 2027 RESULTS

Same Store Sales Growth of 1.8%

Raising FY27 Adjusted EPS Guidance

HAMILTON, Bermuda, June 2, 2026 – Signet Jewelers Limited ("Signet" or the "Company") (NYSE:SIG) today announced its results for the 13 weeks ended May 2, 2026 ("first quarter Fiscal 2027").

"We drove topline growth in the first quarter with all categories up on a comparable sales basis. We also delivered positive performances for both Valentine’s Day in February as well as Mother’s Day to start the second quarter," said J.K. Symancyk, Chief Executive Officer. "These early proof points of our Grow Brand Love strategy show we can perform and transform at the same time. We're accelerating go-to-market plans across Kay, Zales, and Jared - sharpening brand distinction through more impactful marketing, redesigning digital experiences, and creating more compelling store environments. These initiatives build on each brand's strengths and are designed to foster sustainable growth."

"We delivered double digit Adjusted Operating Income growth in the first quarter driven by cost reduction from the re-organization completed last year and leverage from comparable sales growth. Our consistent performance, inventory management, and free cash flow conversion has allowed us to return over $125 million to shareholders this year through today. We also intend to initiate a $50 million accelerated share repurchase plan this month as part of Signet's ongoing programmatic returns to shareholders," said Joan Hilson, Chief Operating and Financial Officer. "Looking forward to full year Fiscal '27, we are raising the midpoint of guidance to reflect Q1 performance and Q2 momentum. We are further increasing the adjusted EPS range for the year to reflect the additional share repurchases since March."

First Quarter Fiscal 2027 Highlights:

•Sales of $1.6 billion on a same store sales ("SSS")(1) increase of 1.8% to Q1 of FY26.

•Merchandise average unit retail ("AUR")(2) was up approximately 5% to Q1 of FY26, with growth in both Bridal and Fashion.

•Operating income of $36.9 million, down from $48.1 million in Q1 of FY26.

•Adjusted operating income(3) of $78.6 million, up from $70.3 million in Q1 of FY26.

•Diluted earnings per share ("EPS") of $0.78, consistent with Q1 of FY26. The current quarter diluted EPS includes $0.78 of restructuring and other charges net of taxes.

•Adjusted diluted EPS(3) of $1.56, compared to $1.18 in Q1 of FY26.

(1)    Same store sales include physical stores and e-commerce sales. Further, beginning in Q1 FY27, the calculation of SSS excludes the adjustment reflected in total sales to defer the recognition of extended service agreements. For further information, please refer to Signet's Q1 FY27 Quarterly Report on Form 10-Q.

(2)    AUR reflects merchandise sales on a constant currency basis, net of discounts and promotions, divided by units.

(3)    See Non-GAAP Financial Measures section below.

(in millions, except per share amounts) Q1 Fiscal 2027

Q1 Fiscal 2026

Sales$1,553.6$1,541.6

SSS % change (1) 1.8 %2.7 %

GAAP

Operating income$36.9$48.1

Operating margin2.4 %3.1 %

Diluted EPS$0.78$0.78

Adjusted (2)

Adjusted operating income$78.6$70.3

Adjusted operating margin5.1 %4.6 %

Adjusted diluted EPS$1.56$1.18

(1)    Same store sales include physical stores and e-commerce sales. Further, beginning in Q1 FY27, the calculation of SSS excludes the adjustment reflected in total sales to defer the recognition of extended service agreements. The SSS % change for Q1 FY26 has been adjusted from the previously reported amount consistent with the revised methodology.

(2)     See Non-GAAP Financial Measures section below.

First Quarter Fiscal 2027 Results:

Gross margin was $556.5 million, or 35.8% of sales, down approximately $42 million to Q1 of FY26. The gross margin decline included inventory write-downs relating to the transition of James Allen. Adjusted gross margin was $589.2 million, or 37.9% of sales, in line with the Company's expectations.

SG&A was $509.6 million, or 32.8% of sales, down from $526.0 million, or 34.1% of sales, in Q1 of FY26. The leverage in SG&A was driven by cost reduction from the reorganization completed in FY26 and from sales growth.

Operating income was $36.9 million, or 2.4% of sales, compared to $48.1 million, or 3.1% of sales, in Q1 of FY26, and included $41.7 million of restructuring and related charges - largely non-cash - in Q1 FY27 primarily related to the transition of James Allen. Adjusted operating income was $78.6 million, or 5.1% of sales, compared to $70.3 million, or 4.6% of sales, in Q1 of FY26.

The current quarter income tax expense was $9.1 million compared to $12.1 million in Q1 of FY26. Adjusted income tax expense was $19.5 million compared to $17.6 million in Q1 of FY26.

Diluted EPS was $0.78, flat to Q1 of FY26. Diluted EPS in the current quarter

EX-99.1

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EX-99.1

Document

Exhibit 99.1

SIGNET JEWELERS REPORTS FOURTH QUARTER AND FULL YEAR FISCAL 2026 RESULTS

Introduces Fiscal 2027 Guidance

Increases Dividend to $0.35 per share

HAMILTON, Bermuda, March 19, 2026 – Signet Jewelers Limited ("Signet" or the "Company") (NYSE:SIG) today announced its results for the 13 and 52 weeks ended January 31, 2026 ("fourth quarter Fiscal 2026" and "full year Fiscal 2026", respectively).

"FY26 delivered over a point of comp growth driven by heightened focus on our three largest brands – Kay, Zales, and Jared. Building on that momentum, FY27 will focus on accelerating core performance through sharper brand differentiation, broader customer reach, and a more seamless in‑store and digital experience. As we continue to advance our Grow Brand Love strategy into its second year, we expect to further strengthen our foundation for sustainable long‑term growth and drive increased shareholder value," said J.K. Symancyk, Chief Executive Officer.

"We delivered FY26 Adjusted Operating Income growth, led by gross margin expansion, at the high end of our guidance. We finished the year with $525 million of free cash flow, with consistent inventory levels despite record commodity costs and a dynamic tariff environment. Looking to FY27, our guidance range includes topline growth and margin expansion at the high end, as well as current commodity, tariff, and consumer dynamics, and the transition of James Allen within our portfolio," said Joan Hilson, Chief Operating and Financial Officer.

Fourth Quarter Fiscal 2026 Highlights:

•Sales of $2.35 billion on a same store sales ("SSS")(1) decrease of 0.7% to Q4 of FY25.

•Merchandise average unit retail ("AUR")(2) was up approximately 5% to Q4 of FY25, with growth in both Bridal and Fashion.

•Operating income of $318.3 million, up from $152.6 million in Q4 of FY25.

•Adjusted operating income(3) of $327.3 million, down from $355.5 million in Q4 of FY25.

•Diluted earnings per share ("EPS") of $6.08, compared to $2.30 in Q4 of FY25.

•Adjusted diluted EPS(3) of $6.25, compared to $6.62 in Q4 of FY25.

Full Year Fiscal 2026 Highlights:

•Sales of $6.81 billion on a SSS(1) increase of 1.3% to FY25.

•AUR(2) was up approximately 7% to FY25, with growth in both Bridal and Fashion.

•Operating income of $393.1 million, up from $110.7 million in FY25.

•Adjusted operating income(3) of $515.0 million, up from $498.1 million in FY25.

•Diluted EPS of $7.08, compared to a diluted loss per share of $0.81 in FY25.

•Adjusted diluted EPS(3) of $9.60, compared to $8.94 in FY25.

(1)    Same store sales include physical stores and e-commerce sales.

(2)    AUR reflects merchandise sales on a constant currency basis, net of discounts and promotions, divided by units.

(3)    See the Non-GAAP Financial Measures section below.

Fourth Quarter and Full Year Fiscal 2026 Results:

(in millions, except per share amounts) Q4 Fiscal 2026

Q4 Fiscal 2025

Fiscal 2026

Fiscal 2025

Sales$2,345.1 $2,352.6 $6,813.6 $6,703.8

SSS % change (1) (0.7)%(1.1)%1.3 %(3.4)%

GAAP

Operating income$318.3 $152.6 $393.1 $110.7

Operating margin13.6 %6.5 %5.8 %1.7 %

Diluted EPS (loss per share)$6.08 $2.30 $7.08 $(0.81)

Adjusted (2)

Adjusted operating income $327.3 $355.5 $515.0 $498.1

Adjusted operating margin14.0 %15.1 %7.6 %7.4 %

Adjusted diluted EPS$6.25 $6.62 $9.60 $8.94

(1)    Same store sales include physical stores and e-commerce sales.

(2)    See Non-GAAP Financial Measures below.

Fourth Quarter Fiscal 2026 Results:

Gross margin was $985.1 million, or 42.0% of sales, down approximately $17 million to Q4 of FY25. The gross margin rate decline of 60 basis points reflects a modest merchandise margin decline and deleverage of fixed costs.

SG&A was $656.6 million, or 28.0% of sales, up from $639.2 million, or 27.2% of sales, in Q4 of FY25. The change in SG&A as a percentage of sales was driven by a reset of short-term incentive compensation.

Operating income was $318.3 million, or 13.6% of sales, compared to $152.6 million, or 6.5% of sales, in Q4 of FY25. Operating income includes $6.6 million of non-cash impairment charges primarily related to the Diamonds Direct trade name. Adjusted operating income was $327.3 million, or 14.0% of sales, compared to $355.5 million, or 15.1% of sales, in Q4 of FY25.

The current quarter income tax expense was $72.2 million compared to $53.5 million in Q4 of FY25. Adjusted income tax expense was $74.5 million compared to $67.0 million in Q4 of FY25.

Diluted EPS was $6.08, up from $2.30 in Q4 of FY25. Diluted EPS in the current quarter includes $0.17 of asset impairment charges. Adjusted diluted EPS was $6.25, compared to $6.62 in Q4 of FY25, reflecting lower adjusted operating income and a higher effective tax rate, partially offset by lower diluted share count.

Full Year Fiscal 2026 Results:

Sales of $6.8 billion, up $109.8 million or 1.6% to last year. SSS grew 1.3% versus last year. Gros

sig-202603090000832988false00008329882026-03-092026-03-09

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): March 9, 2026

SIGNET JEWELERS LIMITED

(Exact name of registrant as specified in its charter)

Commission File Number: 1-32349

BermudaNot Applicable (State or other jurisdiction of incorporation)(IRS Employer Identification No.)

Clarendon House 2 Church Street Hamilton

HM11

Bermuda (Address of principal executive offices, including zip code)

(441) 296 5872 (Registrant’s telephone number, including area code)

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each classTrading Symbol(s)Name of each exchange on which registered Common Shares of $0.18 eachSIGNew York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.02    Results of Operations and Financial Conditions On March 9, 2026, Signet Jewelers Limited (the "Company") issued a press release for its preliminary results for the fourth quarter and full year ended January 31, 2026. A copy of the press release is attached hereto as Exhibit 99.1 to this Form 8-K. The information contained in this Item 2.02 and the press release attached to this Current Report on Form 8-K (this "Report") as Exhibit 99.1 is being furnished. In accordance with General Instruction B.2 of Form 8-K, the information in this Report shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly stated by specific reference in such filing.

Item 9.01    Financial Statements and Exhibits (d)    Exhibits

Exhibit Number Description of Exhibit 99.1 Press Release of Signet Jewelers Limited, dated March 9, 2026

104Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Exchange Act, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

SIGNET JEWELERS LIMITED

Date: March 9, 2026By:/s/ Joan M. Hilson Name:Joan M. Hilson Title:Chief Operating and Financial Officer