Active option classes on June 3rd include Signet Jewelers, Dollar General, NexGen Energy, Colombier Acquisition Corp II, Ondas Holdings, Applied Digital Corp, Petrobras, Constellation Energy, Joby Aviation, and NIO. These stocks may be experiencing unusual trading activity, which could be due to various factors such as earnings announcements, mergers and acquisitions, or changes in market conditions. Investors should conduct thorough research and analysis before making any investment decisions.
Signet Jewelers Limited (NYSE: SIG) announced its first quarter fiscal 2026 results, with sales of $1.5 billion, up 2.0% from the same period last year. The company's same store sales (SSS) increased by 2.5%, driven by positive performance across its three largest brands: Kay, Zales, and Jared. The company's adjusted earnings per share (EPS) guidance was also raised to reflect the repurchase of more than 5% of outstanding shares year to date.
The company reported an operating income of $48.1 million, down from $49.8 million in the prior year, but its adjusted operating income increased to $70.3 million. The gross merchandise margin expanded, and the company's adjusted operating margin also improved. The diluted EPS was $0.78, up from a loss per share of $0.90 in the prior year, and the adjusted diluted EPS was $1.18.
Signet Jewelers also announced a quarterly cash dividend of $0.32 per share for the second quarter of Fiscal 2026, payable August 22, 2025. The company repurchased approximately 2.1 million common shares for $117.4 million in the first quarter and an additional 235 thousand shares for $15 million subsequent to the quarter end.
For the second quarter of Fiscal 2026, Signet Jewelers expects total sales of $1.47 to $1.51 billion, with SSS growth of 1.5% to +1.0%. The company's adjusted operating income guidance is $53 to $73 million, and adjusted EBITDA is forecasted to be $99 to $119 million. The full year Fiscal 2026 total sales are expected to be $6.57 to $6.80 billion, with adjusted operating income of $430 to $510 million and adjusted EBITDA of $615 to $695 million.
The company's guidance is based on assumptions of a measured consumer environment, current tariffs, planned capital expenditures, and a net square footage decline of 1% to flat for the year. The annual tax rate is expected to be 23% to 25%, including the non-cash impact of approximately 4% for the CITA2023 Bermuda tax impact.
Signet Jewelers continues to make progress on its sustainability goals, surpassing $110 million in cumulative donations to St. Jude Children’s Research Hospital, achieving higher employee retention than the US retail average, and making significant advancements in environmental stewardship.
References:
[1] https://www.signetjewelers.com/investors/financial-news-releases/financial-news-release/2025/Signet-Jewelers-Reports-First-Quarter-Fiscal-2026-Results/default.aspx
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