Business
Signet Jewelers Reports Second Quarter Fiscal 2026 Results
HAMILTON, Bermuda, September 02, 2025--Signet Jewelers Limited ("Signet" or the "Company") (NYSE:SIG), the world's largest retailer of diamond jewelry, today announced its results for the 13 weeks ended August 2, 2025 ("second quarter Fiscal 2026").
About this update from Signet Jewelers Limited
[{"type":"text","content":"Q2 Results Ahead of Guidance","length":28,"tagName":"p","attribs":{}},{"type":"text","content":"Raises FY26 Guidance","length":20,"tagName":"p","attribs":{}},{"type":"text","content":"HAMILTON, Bermuda, September 02, 2025--(BUSINESS WIRE)--Signet Jewelers Limited ("Signet" or the "Company") (NYSE:SIG), the world's largest retailer of diamond jewelry, today announced its results for the 13 weeks ended August 2, 2025 ("second quarter Fiscal 2026").","length":300,"tagName":"p"},{"type":"text","content":""Our second quarter results were driven by the expansion of on-trend fashion assortment and effective promotion and pricing strategies. Our heightened focus on Kay, Zales, and Jared fueled a combined same store sales increase of 5% at these brands. I would like to thank the team for their continued commitment to our Grow Brand Love strategy and their efforts this quarter," said J.K. Symancyk, Chief Executive Officer. "We have a sharp focus on delivering holiday with the right inventory levels at key price points and the launch of new collections in our largest brands, supported by fresh marketing campaigns."","length":635,"tagName":"p"},{"type":"text","content":""We grew Adjusted Operating Income more than 20% in the second quarter, led by comp growth, gross margin expansion, and cost savings related to our reorganization," said Joan Hilson, Chief Operating and Financial Officer. "Reflecting second quarter results, expectations for the third quarter, and current tariff landscape, we're raising our Fiscal 2026 guidance. This updated guidance also includes share repurchases to date and assumes a measured consumer environment."","length":495,"tagName":"p"},{"type":"text","content":"Second Quarter Fiscal 2026 Highlights:","length":38,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Sales of $1.5 billion, up $44.1 million or 3.0% to Q2 of FY25.","length":62,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Same store sales ("SSS")(1) up 2.0% to Q2 of FY25.","length":60,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Merchandise Average Unit Retail ("AUR")(2) was up 9%, including a 4% increase in Bridal and a 12% increase in Fashion.","length":128,"tagName":"p","attribs":{}}]},{"val":[{"ty...