Signet Jewelers Limited · NYSE:SIG
Signet Jewelers — Q2 2026 Earnings Presentation
17 slides from Signet Jewelers's earnings presentation, Sep 2, 2025
Slide 1: Signet Jewelers Investor Presentation
Signet Jewelers June 2025 Investor Presentation
Slide 2: Safe Harbor Statement
This presentation contains certain forward-looking statements. Any statements that are not historical facts are subject to a number of risks and uncertainties, and actual results may differ materially. We urge you to read the risk factors, cautionary language, and other disclosures in page 11 of thi
Slide 3: Signet - #1 Jewelry Retailer in the United States
Signet - #1 Jewelry Retailer in the United States OUR REVENUE $6.7B FY25 REVENUE $498M 8.6%1 FY25 ADJUSTED ESTIMATED US OPERATING INCOME2 MARKET SHARE 7.4% $1.0B3 FY25 ADJUSTED RETURNED TO 2,642 Total Stores 2,288 Stores in the U. S. 91 Stores in Canada 263 Stores in the UK and OPERATING MARGIN2 SHA
Slide 4: Industry Breakdown
Industry Breakdown Calendar 2024 Total U.S. Merchandise Sales Penetration Addressable Market by Category Combined Market for Bridal and Fashion Jewelry is estimated to be >$60bn Retail Jewelry Industry Signet Jewelers > �50bn ~6% 16% 49% Bridal Bridal > �10bn ~28% 84% 50% Fashion & Fashion & Watches
Slide 5: Signet Modernization
Signet Modernization Old Signet Modern Signet Reduced Mall Revenue Penetration (Now ~35%) Traditional Mall Retailer Led by Focus On eCommerce, Off-Mall and Over 60% of Revenue from Mall Locations Top-Market Strategy Digital & Consumer Insight Led Organization In-Store Focus and Footprint 1 With ~23%
Slide 6: Grow Brand Love
Grow Brand 3 STRATEGIC IMPERATIVES Love 1 BRAND Mindset Create an influential community of distinct 2 jewelry brands, designs, and experiences for every big milestone, every special Grow the Core, moment, every expression of EXPAND INTO ADJACENCIES self, every kind of love, every day. 3 RE-DESIGN Op
Slide 7: Brand Mindset
1 Brand Mindset We have strong brand awareness: opportunity to significantly drive brand consideration Modernize our go-to-market strategy Cultivate distinct brand identities with improved fashion assortment Focus marketing on emotion not promotion In-house design and trend-led innovation Optimize o
Slide 8: Grow the Core, Expand into Adjacencies
2 Grow the Core, Expand into Adjacencies Strong brand awareness establishes runway for expanded fashion assortment, while remaining focused on holding core bridal strength 6
Slide 9: Redesigning Our Operating Model
3 Redesigning Our Operating Model Simplifying Brand Centralizing Select Reorganizing Store Portfolio and Services Functions Operations • Organizing brands to focus on customer • Centralization enables delivery of • Moving to a brand-specific structure to needs and preferences benefits at scale for m
Slide 10: Services
Services Extended Service Agreements (ESAs) Care and Repair Customization Increasing attachment rates Industry leading turnaround times Engraving services through visibility & education Repair tracker provides peace of Online and in-store ring design Foreign repair ESAs provide mind & transparency c
Slide 11: Balance Sheet & Capital Priorities
Balance Sheet & Capital Priorities Capital Priorities Highlights 1 Invest in Free Cash Flow FY25 Conversion 4 Year Average Organic Growth Conversion1 88% >90% 2 Maintain Conservative FY25 Adjusted Debt FY25 Net Debt Debt Balance Sheet to EBITDAR1 to EBITDA1 Leverage 1.1x (0.9x) 3 Return Capital to R
Slide 12: Recent Results and Increased FY26 Adjusted EPS Guidance
Recent Results and Increased FY26 Adjusted EPS Guidance First Quarter Second Quarter Full Year Results Guidance1 Guidance1 �1.54B �1.47-1.51B �6.57 - �6.80B (2.0%) – 1.5% Total Sales Total Sales Total Sales Same Store Sales 2.5% (1.5%)-1% �430 - �510M �615 - �695M Same Store Sales Same Store Sales A
Slide 13: Safe Harbor & Forward-Looking Statements
Safe Harbor & 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 are based upon management's beliefs and expectations as well as on assumptions made by and
Slide 14: Non-GAAP Measures (1/4)
Non-GAAP Measures (1/4) Adjusted Operating Income and Adjusted Operating Margin Adjusted operating income is a non-GAAP measure defined as operating income excluding the impact of certain items which management believes are not necessarily reflective of normal operational performance during a period
Slide 15: Non-GAAP Measures (2/4)
Non-GAAP Measures (2/4) Free Cash Flow and Free Cash Flow Conversion Free cash flow is a non-GAAP measure defined as the net cash provided by operating activities less capital expenditures. Free cash flow is an indicator frequently used by management in evaluating its overall liquidity needs and det
Slide 16: Non-GAAP Measures (3/4)
Non-GAAP Measures (3/4) Adjusted EBITDA and Adjusted EBITDAR (in millions) Fiscal 2025 EBITDA is a non-GAAP measure defined as earnings before interest, income taxes, Net income $ 61.2 depreciation and amortization. Adjusted EBITDA is a non-GAAP measure, defined as Income taxes 63.0 earnings before
Slide 17: Non-GAAP Measures (4/4)
Non-GAAP Measures (4/4) Debt and Net Debt Leverage Ratios Adjusted Debt and Adjusted Net Debt Leverage Ratios The debt and net debt leverage ratios are non-GAAP The adjusted debt and adjusted net debt leverage ratios are non-GAAP measures calculated by dividing Signet’s debt or net debt by measures