Overview

• Signet delivered adjusted EPS of $1.18 on $1.54 billion in revenue, surpassing Visible Alpha estimates of $1.03 and $1.52 billion respectively.
• The company lifted full-year sales guidance to $6.57 billion–$6.80 billion and raised adjusted EPS outlook to $7.70–$9.38, with midpoints above analyst expectations.
• Same-store sales climbed 2.5% and average unit retail rose about 8%, while gross margin expanded by 100 basis points to 38.8%.
• Signet repurchased 2.1 million shares for $117.4 million in Q1 and acquired another 235,000 shares for $15 million through June 2, leaving roughly $600 million available for buybacks.
• The board declared a 32-cent quarterly dividend for Q2 2026 as CFO Joan Hilson confirmed that guidance factors in current tariffs and on-track cost-saving measures.