Signet Jewelers Lifts 2026 Outlook
Signet Jewelers(NYSE:SIG) reported second quarter fiscal 2026 results on September 2, 2025, with revenue exceeding $1.5 billion, same-store sales (comparable sales or "comps") up 2% year-over-year, and adjusted EPS of $1.61, reflecting 29% year-over-year growth in adjusted EPS. Management raised full-year guidance for total sales to $6.67 billion to $6.82 billion, adjusted operating income to $445 million to $515 million, and adjusted EPS to $8.04 to $9.57, while explicitly noting tariff risks and variability by quarter ahead of the holiday season.
Comps at the three largest banners (Kay, Zales, and Jared) rose approximately 5% in back-to-back quarters, materially outpacing overall company comp growth and underlining the ongoing strategic shift to prioritize these brands. Lab-grown diamond (LGD) fashion jewelry reached 14% penetration of fashion sales, doubling year-over-year and signifying rapid acceptance of this key product category.
The outsized growth in core brands and LGD adoption demonstrates strong execution of the brand-love strategy, positioning Signet for continued outperformance in modern jewelry trends and driving comp sustainability.
Source Fool.com
