Signet Jewelers reported Q3 Fiscal 2025 results within expectations, with sales of $1.3 billion and same store sales down 0.7%. The company's updated Fiscal 2025 guidance reflects integration challenges, leadership transition costs, and the impact of preferred share redemption.
Sales were $1.3 billion, a decrease of 3.1% compared to Q3 of FY24.
Same store sales decreased by 0.7% compared to Q3 of FY24.
Operating income was $9.2 million, down from $13.3 million in Q3 of FY24.
Diluted earnings per share were $0.12, compared to $0.07 in Q3 of FY24, including $0.13 of restructuring and related charges.
Signet provided guidance for the fourth quarter and full year Fiscal 2025, including total sales, same store sales, adjusted operating income, and adjusted diluted EPS.