Jun. 4 at 7:29 AM
Shares of
$SIG based in Bermuda, surged +12.45% on Tuesday at
$75.13, after the world’s largest diamond retailer reported an earnings & revenue beat. Signet’s Q1 adjusted earnings came in at
$1.18 per share on revenue of
$1.54 billion, beating the analyst consensus estimates of
$1.00 in earnings per share &
$1.52B in revenue. Same store sales growth were up +2.5%. E-commerce sales saw double digit growth under various brand names including Kay Jewelers, Zales & Jared. Approximately 2.3M shares repurchased year-to-date. Guidance for Q2 sales was
$1.47B to
$1.51B. Full year guidance came in at
$6.57B to
$6.8B. The stock is up +23.67% in the past month, but down -6.91% in 2025 & -30.02% y/y, with a market cap of
$3.11B.
