Signet Jewelers 2026 Q3 Earnings Surpasses Expectations with 185.7% Net Income Growth

Signet Jewelers (SIG) reported fiscal 2026 Q3 earnings on Dec 5, 2025, delivering revenue growth and raised guidance. The company exceeded revenue estimates with $1.39 billion in sales, driven by bridal and fashion segments. Adjusted EPS surged 308.3% to $0.49, and full-year guidance was upgraded to $6.70–$6.83 billion.

Revenue

Signet Jewelers reported total revenue of $1.39 billion for fiscal 2026 Q3, a 3.1% increase from the prior year. Bridal jewelry led the growth with $648.40 million in sales, followed by fashion jewelry at $451.60 million. Watch segment revenue stood at $73.90 million, while services contributed $185.60 million. Additional revenue streams, including other categories, added $32.30 million, rounding out the total.

Earnings/Net Income

The company’s earnings per share (EPS) rose sharply to $0.49 in 2026 Q3, reflecting a 308.3% year-over-year increase. Net income also expanded significantly, reaching $20 million compared to $7 million in 2025 Q3, a 185.7% growth. This underscores the company’s improved profitability and operational efficiency.

Price Action

The stock price of Signet Jewelers has edged down 2.30% during the latest trading day, has plummeted 17.13% during the most recent full trading week, and has tumbled 14.96% month-to-date.

Post-Earnings Price Action Review

The strategy of buying SIG when earnings beat and holding for 30 days delivered strong results, with a 138.15% return, significantly outperforming the benchmark return of 86.81%. The strategy's excess return was 51.34%, and it achieved a CAGR of 19.03%, indicating robust growth potential. With a maximum drawdown of 0.00% and a Sharpe ratio of 0.35, the strategy also showcased excellent risk management, making it a promising approach for investors looking to capitalize on earnings beats.

CEO Commentary

The CEO emphasized Signet’s Q3 2026 performance, highlighting revenue of $1.3918 billion and EPS of $0.49 as key metrics. Despite macroeconomic headwinds, the company maintained focus on inventory optimization and digital platform enhancements to drive growth. Strategic priorities included expanding high-margin product categories and accelerating omnichannel integration to strengthen market positioning. The CEO acknowledged challenges in consumer spending but expressed cautious optimism, noting disciplined cost management and operational efficiencies as critical to sustaining profitability. Leadership remains committed to balancing

Guidance

Signet raised its full-year fiscal 2026 guidance, expecting total sales of $6.70 billion to $6.83 billion, with adjusted EPS projected between $8.43 and $9.59. The company also initiated a $0.32 per share quarterly dividend and repurchased $28 million worth of shares during the quarter.

Additional News

Three notable non-earnings updates include:

1. Executive Officer Stanley Ptak gifted 1,160 shares of SIG on Dec 3, 2025, as disclosed in a SEC filing.

2. Signet raised FY26 guidance after reporting 3% same-store sales growth and 63-cent adjusted EPS, surpassing estimates.

3. The company announced a $0.32/share dividend and $28 million in share repurchases, reflecting confidence in cash flow stability.