Signet Jewelers Limited · NYSE:SIG
Signet Jewelers — Signet Holiday Trading Statement Conference Call (January 2012)
13 slides from Signet Jewelers's conference presentation, Jan 10, 2012
Slide 1: Holiday Season Statement
Holiday Season Statement Tuesday, January 10, 2012
Slide 2: Forward Looking Statements & Other Disclosure Matters
Forward Looking Statements & Other Disclosure Matters Forward-Looking Statements - This presentation contains statements which are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements, based upon management‘s beliefs and expectations
Slide 3: Holiday Performance
Holiday Performance Same store sales up 7.8%; US up 9.2%, UK up 1.8% Exceptional execution in both US and UK Built on competitive advantages great customer experience growth of differentiated brands investment in advertising highly effective US customer financing 3
Slide 4: Sales Performance
Sales Performance To December 31, 2011 9 weeks 48 weeks US UK Total US UK Total Change in: % % % % % % Same store sales 9.2 1.8 7.8 11.6 0.8 9.4 Store space — (0.8) (0.2) (0.6) (1.0) (0.7) Total sales at constant 9.2 1.0 7.6 11.0 (0.2) 8.7 exchange rates1 Exchange translation — (0.1) (0.1) — 3.9 0.9
Slide 5: Fiscal 2012 Expectations and Shareholder Distribution
Fiscal 2012 Expectations Income before income taxes $494 - $501 million, up 64% - 67% up 42% - 44% excluding non-recurring item1 Diluted earnings per share $3.67 - $3.72, up 58% - 60%, up 38% - 40% excluding non-recurring item 1 Free cash flow2 $230 – $240 million Shareholder Distribution
Slide 6: Performance vs Financial Objectives
Performance vs Financial Objectives Improve gross margin ratio expected to increase 200 to 210 basis points Selling, general & administrative costs broadly stable as percentage of sales well controlled while increasing advertising support, for the year expected to be down 25 to 30 basis poin
Slide 7: US Performance
US Performance Change from comparable Holiday Season Year to Date prior year period Fiscal 2012 Fiscal 2012 Same store sales, % Kay 9.8 12.2 Jared 10.0 12.8 Regional brands 3.1 4.4 US division 9.2 11.6 7
Slide 8: Driving US Holiday Performance
Driving US Holiday Performance 8
Slide 9: UK Performance
UK Performance Change from comparable Holiday Season Year to Date prior year period Fiscal 2012 Fiscal 2012 Same store sales, % H.Samuel 1.4 1.8 Ernest Jones 2.3 (0.3) UK division 1.8 0.8 9
Slide 10: Driving UK Holiday Performance
Driving UK Holiday Performance 10
Slide 11: Holiday Season Statement
Holiday Season Statement Tuesday, January 10, 2012 11
Slide 12: Regulation G
Regulation G PEWELERS
Slide 13: Impact of Non-recurring Item
Impact of Non-recurring Item On November 26, 2010, Signet incurred a $47.5 million non-recurring ‗Make Whole‘ payment arising from the prepayment in full of its private placement notes. Management considers it useful to exclude this significant, unusual and non-recurring item to analyze and explain
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