Signet Jewelers Limited announced strong fourth quarter and full year Fiscal 2025 results on March 19, 2025. For Q4 FY25, sales were $2,352.6 million, a 5.8% decrease year-over-year, but exceeded the analyst consensus of $2.33 billion. Adjusted diluted EPS reached $6.62, surpassing the consensus estimate of $6.25, reflecting a reduced diluted share count from preferred share retirement and common share repurchases.
CEO J.K. Symancyk unveiled the new 'Grow Brand Love' strategy, aiming to infuse more style and design-led products to accelerate growth in self-purchase and gifting, while expanding leadership in Bridal. This strategy involves reorganizing the business for a brand-centric mindset and centralizing core capabilities to improve speed and leverage scale for organic growth.
The company also announced a 10% increase in its quarterly common dividend to $0.32 per share for the first quarter of Fiscal 2026, marking its fourth consecutive annual increase. Additionally, Signet plans to optimize its real estate footprint by transitioning over 10% of mall locations to off-mall and eCommerce channels over the next three years, leveraging its average mall lease term of just over two years.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.