Signet Jewelers Limited · NYSE:SIG
Signet Jewelers — Holiday Season Fisca Earnings Presentation
8 slides from Signet Jewelers's earnings presentation, Jan 11, 2017
Slide 1: Holiday Sales Results
Holiday Sales Results Wednesday, January 11, 2017
Slide 2: Forward Looking Statements
Forward Looking Statements 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 as well as on assumptions
Slide 3: Key Take-Aways
Key Take-Aways 1. Holiday same store sales lower than expected. 2. Same store sales guidance revised. 3. Earnings guidance range tightened. 4. Drivers: • Underperformance of Sterling division’s e-commerce business • Relatively weak jewelry industry holiday season • Lower mall traffic and highly prom
Slide 4: Holiday Season Fiscal 2017 Sales Drivers
Holiday Season Fiscal 2017 Sales Drivers Favorable: Unfavorable: • Categories. Diamond fashion jewelry, bracelets, • Channels. Sterling division online tech issues. earrings. Mall underperformance. • Collections. Ever Us, Vera Wang Love. • Industry. Jewelry did not perform as well as retail overall.
Slide 5: In Response to Holiday Season Sales
In Response to Holiday Season Sales • Online Issues. Executing the following: • Improved platform for Valentine’s Day • Investing capital and directing resources to ensure long-term customer journey improvements • Greater search engine marketing investment already aiding business • Valentine’s Day.
Slide 6: Sales Performance
Sales Performance Same Non-same Total sales % at Exchange Store store sales constant translation Total sales Total sales Holiday Season Sales %1 %, net2 exchange rate impact % % (in millions $) Kay -4.6 2.2 -2.4 -2.4 792.5 Jared -4.7 1.0 -3.7 -3.7 363.6 Regional brands -16.9 -10.9 -27.8 -27.8 44.9 S
Slide 7: Q4 & FY 2017 Sales and Earnings Guidance Revised
Q4 & FY 2017 Sales and Earnings Guidance Revised Q4 Fiscal 2017 Current Previous Same store sales (4.8%) to (4.3%) (4.0%) to (2.0%) Earnings per share $3.91 to $3.98 $3.91 to $4.13 Adjusted earnings per share $4.00 to $4.05 $4.00 to $4.20 Weighted average common shares 76 million 76 million Fiscal Y
Slide 8: Signet Jewelers Ltd.
TRAE JONTS HSAMUEL JARI Pagoda PROVES ZALES
Signet Jewelers — Holiday Season Fisca Earnings Presentation on 6ix