Earnings ·
Signet Jewelers Limited reported second quarter fiscal 2027 results with sales of $1.5 billion, reflecting a…
SIGSignet Jewelers Ltd
Signet Jewelers Limited reported second quarter fiscal 2027 results with sales of $1.5 billion, reflecting a same-store sales increase of 2.2%. Diluted earnings per share were $1.33, compared to a loss of $0.22 in the prior year period, while adjusted diluted EPS rose to $2.19 from $1.61. The company raised its full-year adjusted EPS guidance by over 10% to a range of $10.45 to $12.15. Signet also announced an expansion of its share repurchase authorization by approximately $385 million to a total of $700 million and declared a quarterly cash dividend of $0.35 per share for the third quarter, payable November 20, 2026, with a record date of October 23, 2026. Additionally, Signet entered into an amended credit card program agreement with Bread Financial through December 2035. Signet Jewelers Limited operates approximately 2,500 retail jewelry stores under brands including Kay Jewelers and Zales.