Signet Q4 2025 Earnings Report
Key Takeaways
Signet Jewelers reported $2.35 billion in revenue for Q4 2025, down 5.8% year-over-year. Operating income was $152.6 million, impacted by $200.7 million in impairment charges. Net income reached $100.6 million, with diluted EPS of $2.30. Adjusted diluted EPS was $6.62, slightly down from $6.73 in the prior year, despite cost pressures and lower sales volumes.
Revenue declined by 5.8% to $2.35 billion compared to Q4 of FY24.
Operating income decreased to $152.6 million, impacted by $200.7 million in impairment charges.
Net income was $100.6 million, with diluted EPS of $2.30; adjusted diluted EPS stood at $6.62.
North America segment revenue reached $2.22 billion with a same-store sales decline of 1.1%.
Signet
Signet
Signet Revenue by Segment
Signet Revenue by Geographic Location
Forward Guidance
For fiscal 2026, Signet expects total sales between $6.53 billion and $6.80 billion, with same-store sales ranging from -2.5% to +1.5%, adjusted operating income between $420 million and $510 million, and adjusted diluted EPS between $7.31 and $9.10.
Positive Outlook
- Targeting adjusted operating income between $420 million and $510 million for fiscal 2026.
- Expecting adjusted diluted EPS between $7.31 and $9.10 for fiscal 2026.
- Plan to transition over 10% of mall locations to off-mall and eCommerce within three years.
- Continued strength in Bridal category and planned product assortment expansion.
- Dividend increased by 10% to $0.32 per share for Q1 FY26.
Challenges Ahead
- Measured consumer environment expected to persist throughout FY26.
- Ongoing impact from fixed cost deleverage on margins.
- Challenges in international segment performance with a 10.9% sales decline in Q4.
- Impact from $200.7 million impairment charges related to digital brands.
- Expected net square footage decline of up to 1% for FY26.
Revenue & Expenses
Visualization of income flow from segment revenue to net income