# Signet Jewelers Limited (SIG)

> Source: Nexqual · https://nexqual.com/SIG · data as of 2026-10-22 20:00 UTC · cite as "Nexqual, Signet Jewelers Limited (SIG), nexqual.com/SIG" · informational, not investment advice.

**Price:** USD 116.94 (+1.89% on the day) · last close of Oct 22, 2026; US market pre market, not a live price. Prev close 114.77 · day 114.42–118.13 · 52w 71.62–122.64 · market cap $4.48B · NYQ

## Key facts
- Last four reported quarters (through Aug 1, 2026): revenue $6.82B, net income $354M (5.2% margin), free cash flow $537M (SEC filings).
- Valuation: P/E 12.7x (avg 19.2x at the last 3 fiscal year-ends).
- Analysts: Hold (mean 2.50 on a 1–5 scale) (10 analysts), mean target USD 124.33 (range 100–175).
- Total return with dividends: 1Y +12.7% vs S&P 500 +14.9%; 5Y +37.8% vs S&P 500 +80.3%.
- Next earnings: 2026-12-01, EPS estimate USD 0.87, revenue estimate $1.40B.

## Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters)
| USD | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $7.83B | $7.84B | $7.17B | $6.70B | $6.81B | $6.82B |
| Gross profit | $3.12B | $3.05B | $2.83B | $2.63B | $2.69B | — |
| Operating income | $903M | $605M | $622M | $111M | $393M | $467M |
| Net income | $770M | $377M | $810M | $61.2M | $294M | $354M |
| EPS (diluted) | $12.22 | $6.64 | $15.01 | -$0.81 | $7.08 | — |
| Free cash flow | $1.13B | $659M | $421M | $438M | $525M | $537M |
| Gross margin | 39.9% | 38.9% | 39.4% | 39.2% | 39.5% | — |
| Operating margin | 11.5% | 7.7% | 8.7% | 1.7% | 5.8% | 6.8% |
| Net margin | 9.8% | 4.8% | 11.3% | 0.9% | 4.3% | 5.2% |
| Revenue growth | +49.7% | +0.2% | -8.6% | -6.5% | +1.6% | — |
| Cash + short-term investments | $1.42B | $1.17B | $1.38B | $604M | $875M | — |
| Total debt | $147M | $147M | $148M | $0K | — | — |
Fiscal years end Jan. EPS is split-adjusted.

## Valuation (price ÷ last four quarters, through Aug 1, 2026)
P/E 12.7x · P/S 0.7x · P/FCF 8.4x · P/B 2.4x · FCF yield 11.97% · Earnings yield 7.90% · Dividend yield (paid, TTM) 1.18% · Buyback yield (TTM) 5.03%
P/E at fiscal year-ends: Jan 2026 13.0x, Feb 2025 37.7x, Feb 2024 6.8x.

## Analysts
Consensus Hold (mean 2.50 on a 1–5 scale), 10 analysts; mean target USD 124.33 (low 100, high 175).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-09-11 | Goldman Sachs | Target raised | Neutral | $96 → $109 |
| 2026-09-10 | Telsey Advisory Group | Target raised | Market Perform | $96 → $105 |
| 2026-09-10 | Raymond James | Target raised | Outperform | $100 → $120 |
| 2026-09-10 | Citigroup | Target raised | Buy | $120 → $140 |
| 2026-09-10 | UBS | Target raised | Buy | $122 → $136 |
| 2026-09-10 | B of A Securities | Target raised | Neutral | $102 → $115 |
| 2026-09-09 | Jefferies | Target raised | Buy | $150 → $175 |
| 2026-09-09 | Wells Fargo | Target raised | Equal-Weight | $90 → $100 |
| 2026-09-08 | Stephens & Co. | Reiterated | Overweight | $130 |
| 2026-08-24 | UBS | Target raised | Buy | $121 → $122 |
| 2026-07-23 | Raymond James | Initiated | Outperform | $105 |

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-23) | 5Y (from 2021-10-18) |
|---|---|---|
| Total return | +12.7% | +37.8% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +12.8% | +6.6% |
| Volatility (annualized) | 50.0% | 49.8% |
| Max drawdown | -30.0% (Nov 2025→May 2026) | -55.7% (May 2024→Mar 2025) |

## Peers (Luxury Goods)
CPRI (Capri Holdings Limited) USD 16.36 +4.20% · LUXE (LuxExperience B.V.) USD 9.59 +0.63% · REAL (The RealReal, Inc.) USD 10.48 -1.41% · TPR (Tapestry, Inc.) USD 113.92 -1.08% · MOV (Movado Group Inc.) USD 32.28 -0.43%

## More
Full page: https://nexqual.com/SIG · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Revenue by business segment (quarter ended 2026-08-01)

| Line | Revenue | Share | YoY | Operating income | Op. margin |
|---|---|---|---|---|---|
| North America | $1.43B | 93.5% | +0.1% | $123.0M | 8.6% |
| International | $96.6M | 6.3% | +5.2% | -$1.4M | -1.4% |
| Other | $3.2M | 0.2% | -80.7% | -$500,000 | -15.6% |
| Corporate costs (not allocated) | — | — | — | -$13.9M | — |
| Total revenue | $1.53B | 100% | — | $121.1M | 7.9% |

## Revenue by product line (quarter ended 2026-08-01)

| Line | Revenue | Share | YoY |
|---|---|---|---|
| Merchandise and other sales | $1.33B | 87.0% | -1.0% |
| Bridal | $628.9M | 41.2% | -0.6% |
| Fashion | $507.6M | 33.2% | -3.1% |
| Service sales | $199.2M | 13.0% | +3.6% |
| Watches | $62.6M | 4.1% | +12.8% |
| Other | $36.7M | 2.4% | +29.2% |
| Total revenue | $1.53B | 100% | — |
The lines above cover 180.9% of total revenue.

## Analyst estimates and revisions

| Period | EPS est. | 90d ago | Change | Revenue est. | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends 2026-10-31) | $0.87 | $0.74 | +17.0% | $1.40B | 9 |
| Next quarter (ends 2027-01-31) | $7.21 | $6.86 | +5.1% | $2.38B | 9 |
| Current fiscal year (ends 2027-01-31) | $11.70 | $10.80 | +8.3% | $6.86B | 10 |
| Next fiscal year (ends 2028-01-31) | $13.65 | $12.28 | +11.2% | $6.99B | 10 |