- Signet Jewelers Limited (NYSE:SIG) reported a 16.83% earnings surprise with an EPS of $1.18, beating the estimated $1.01.
- The company’s revenue for the quarter was $1.54 billion, exceeding estimates and showing a year-over-year increase.
- Signet’s strategic efforts led to positive same-store sales growth and sequential growth across its three largest brands—Kay, Zales, and Jared.
Signet Jewelers Limited (NYSE:SIG), the world’s largest retailer of diamond jewelry, operates in the Zacks Retail – Jewelry industry and has consistently demonstrated strong financial performance. On June 3, 2025, SIG reported its first-quarter earnings for Fiscal 2026, showcasing impressive results.
SIG reported earnings per share (EPS) of $1.18, surpassing the estimated $1.01, marking a 16.83% earnings surprise. This is an improvement from the $1.11 EPS reported in the same quarter last year. The company has a history of exceeding expectations, as seen in the previous quarter with an EPS of $6.62 against an anticipated $6.39, resulting in a 3.60% surprise.
The company’s revenue for the quarter was approximately $1.54 billion, exceeding the estimated $1.52 billion by 1.69%. This is a slight increase from the $1.51 billion reported a year ago. Over the past four quarters, Signet has consistently outperformed consensus EPS and revenue estimates three times each, highlighting its strong financial performance.
Signet’s positive same-store sales growth each month of the quarter, continuing into May, reflects its strategic efforts to enhance offerings at key price points and evolve its product assortment. The company’s three largest brands—Kay, Zales, and Jared—experienced sequential growth, contributing to the overall revenue increase.
Financially, Signet has a price-to-earnings (P/E) ratio of approximately 52.21, indicating investor confidence. The price-to-sales ratio is about 0.45, and the enterprise value to sales ratio is approximately 0.54, reflecting the company’s valuation in relation to its sales. With a debt-to-equity ratio of around 0.64 and a current ratio of approximately 1.48, Signet maintains a relatively healthy liquidity position.
