Feb 01, 2020

Signet Q4 2020 Earnings Report

Signet's Q4 2020 results exceeded expectations, delivering the best holiday business performance in four years before being impacted by the COVID-19 pandemic.

Key Takeaways

Signet Jewelers reported Q4 2020 results ahead of expectations, with same-store sales growth of 2.3% and non-GAAP EPS of $3.67. The company is focused on strengthening financial flexibility and navigating unprecedented business times due to the COVID-19 pandemic.

Same store sales grew 2.3% with North America same store sales up 2.9%.

GAAP diluted earnings per share (EPS) of $3.14, including the impact of restructuring charges and resolution of previously disclosed litigation.

Non-GAAP diluted EPS of $3.67.

Delivered best overall holiday business performance in four years.

Total Revenue
$2.15B
Previous year: $2.16B
-0.1%
EPS
$3.67
Previous year: $3.96
-7.3%
Same Store Sales
2.3%
Gross Profit
$898M
Previous year: $878M
+2.3%
Cash and Equivalents
$375M
Previous year: $195M
+91.7%
Free Cash Flow
$419M
Previous year: $344M
+21.9%
Total Assets
$6.3B
Previous year: $4.42B
+42.5%

Signet

Signet

Signet Revenue by Segment

Forward Guidance

Company is not providing Fiscal 2021 financial guidance at this time.

Revenue & Expenses

Visualization of income flow from segment revenue to net income