Signet Jewelers Limited · NYSE:SIG
Signet Jewelers — Q1 2027 Earnings Presentation
13 slides from Signet Jewelers's earnings presentation, Jun 2, 2026
Slide 1: Signet Jewelers Reports First Quarter Fiscal 2027 Results
NEWS RELEASE Signet Jewelers Reports First Quarter Fiscal 2027 Results 2026-06-02 Same Store Sales Growth of 1.8% Raising FY27 Adjusted EPS Guidance HAMILTON, Bermuda--(BUSINESS WIRE)-- Signet Jewelers Limited ("Signet" or the "Company") (NYSE:SIG) today announced its results for the 13 weeks ended
Slide 2: First Quarter Fiscal 2027 Results
(1) Same store sales include physical stores and e-commerce sales. Further, beginning in Q1 FY27, the calculation of SSS excludes the adjustment re ected in total sales to defer the recognition of extended service agreements. For further information, please refer to Signet's Q1 FY27 Quarterly Report
Slide 3: Capital Returns to Shareholders and Fiscal 2027 Guidance
Cash used in operating activities for the rst quarter of FY27 was $144.7 million compared to $175.3 million in the prior year. Cash and cash equivalents were $602.8 million as of quarter end, compared to $264.1 million in Q1 of FY26. Total liquidity was approximately $1.7 billion, up more than $300
Slide 4: Guidance Assumptions and About Signet
reorganizational charges or asset impairments. However, given the potential impact of non-recurring charges to the GAAP operating income and diluted EPS, we cannot provide forecasted GAAP operating income or diluted EPS or the probable signi cance of such items without unreasonable e orts. As such,
Slide 5: Forward-Looking Statements
Litigation Reform Act of 1995. These statements are based upon management's beliefs and expectations as well as on assumptions made by and data currently available to management, appear in a number of places throughout this document and include statements regarding, among other things, results of op
Slide 6: Forward-Looking Statements Risk Factors
attractive trade areas and e ectively monitoring changes in consumer tra c in mall locations; the performance of and ability to recruit, train, motivate and retain quali ed team members - particularly store associates in regions experiencing low unemployment rates; management of social, ethical and
Slide 7: Condensed Consolidated Balance Sheets (Unaudited)
Condensed Consolidated Balance Sheets (Unaudited) January 31, (in millions) May 2, 2026 2026 May 3, 2025 Assets Current assets: Cash and cash equivalents $ 602.8 $ 874.8 $ 264.1 Inventories 1,994.0 1,940.1 2,006.5 Income taxes 36.5 18.7 16.0 Other current assets 183.0 189.9 180.5 Total current asset
Slide 8: Statement of Cash Flows
Inventories (41.6) (56.1) Other assets (1.9) (9.2) Accounts payable (79.8) (187.5) Accrued expenses and other liabilities (64.0) (5.4) Change in operating lease assets and liabilities (2.5) (0.8) Deferred revenue 5.1 3.6 Income tax receivable and payable (34.3) (7.5) Net cash used in operating activ
Slide 9: Segment Information and Real Estate Portfolio
Total operating income $ 36.9 2.4% $ 48.1 3.1% First quarter Fiscal 2027 First quarter Fiscal 2026 Adjusted operating income (loss) in millions % of segment % of segment (1) $ sales $ sales North America segment $ 101.4 6.9% $ 97.1 6.7% International segment (6.6) (7.5)% (7.0) (8.7)% Other segment (
Slide 10: Non-GAAP Financial Measures
trends. The e ect from foreign currency, calculated on a constant currency basis, is determined by applying current year average exchange rates to prior year sales in local currency. Free cash ow is a non-GAAP measure de ned as the net cash used in operating activities less capital expenditures. Man
Slide 11: Adjusted Operating Income Reconciliation
13 weeks ended (in millions) May 2, 2026 May 3, 2025 Total gross margin $ 556.5 $ 598.8 Restructuring-related charges (1) 32.7 — Total adjusted gross margin $ 589.2 $ 598.8 Adjusted operating income 13 weeks ended (in millions) May 2, 2026 May 3, 2025 Total operating income $ 36.9 $ 48.1 Restructuri
Slide 12: Adjusted EPS and Adjusted EBITDA Reconciliation
Adjusted e ective tax rate 13 weeks ended May 2, 2026 May 3, 2025 E ective tax rate 22.3% 26.5% Restructuring and related charges (1) 1.2% (0.4)% Asset impairments (1) 0.1% (0.1)% Adjusted e ective tax rate 23.6% 26.0% Adjusted diluted EPS 13 weeks ended May 2, 2026 May 3, 2025 Diluted EPS $ 0.78 $
Slide 13: Investor and Media Contacts
Colleen Rooney Chief Corporate A airs & Sustainability O cer +1-330-668-5932 colleen.rooney@signetjewelers.com Source: Signet Jewelers Limited 13