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Feb 01
Signet Q4 2025 Earnings Report
Signet Jewelers reported its Q4 2025 earnings with a 5.8% decline in sales and lower operating income, impacted by impairment charges and reduced store performance.
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
Revenue by Segment
North America Revenue
CapyFin.comInternational Revenue
CapyFin.comOther Revenue
CapyFin.comRevenue by Geographic Location
North America Revenue
CapyFin.comInternational Revenue
CapyFin.com 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