Business
Signet Jewelers Reports Preliminary Results for Fourth Quarter and Full Year Fiscal 2026
HAMILTON, Bermuda, March 09, 2026--Signet Jewelers Limited ("Signet" or the "Company") (NYSE:SIG) today announced its preliminary results for the 13 and 52 weeks ended January 31, 2026 ("fourth quarter Fiscal 2026" and "full year Fiscal 2026," respectively).
About this update from Signet Jewelers Limited
[{"type":"text","content":"Management to participate in investor conferences and webcast fireside chat","length":75,"tagName":"p","attribs":{}},{"type":"text","content":"HAMILTON, Bermuda, March 09, 2026--(BUSINESS WIRE)--Signet Jewelers Limited ("Signet" or the "Company") (NYSE:SIG) today announced its preliminary results for the 13 and 52 weeks ended January 31, 2026 ("fourth quarter Fiscal 2026" and "full year Fiscal 2026," respectively).","length":315,"tagName":"p"},{"type":"text","content":""We saw sequential improvement each month in the quarter on a one- and two-year comp basis, along with a return to positive comps across peak holiday selling days which continued for the balance of the quarter. Our Grow Brand Love strategy delivered growth for the year led by a sharper focus across Kay, Zales, and Jared, even amid unprecedented tariffs, record gold costs, and a measured consumer," said J.K. Symancyk, Chief Executive Officer. "Sales momentum continued with a positive Valentine’s Day performance with similar trends into March. We are looking forward to providing our strategic priorities and Fiscal 2027 guidance next Thursday."","length":669,"tagName":"p"},{"type":"text","content":""We expect to deliver results in the upper half of our range, which included a pivot to broader promotions to meet consumer expectations resulting in a modest gross merchandise margin decline offset by further spend discipline. Our operating performance and continued focus on working capital management we expect will deliver more than $500 million in free cash flow in FY26," said Joan Hilson, Chief Operating and Financial Officer.","length":444,"tagName":"p"},{"type":"text","content":"Preliminary Fourth Quarter Fiscal 2026 Range Highlights:","length":56,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Sales of $2.34 to $2.35 billion.","length":32,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Same store sales ("SSS")(1) decreased in the range of 0.9% to 0.7% to Q4 of FY25.","length":91,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Merchandise average unit retail ("AUR")(2) was up approximately 4% to 5% to Q4 of FY25.","length":97,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Operating income of $313 to $318 m...