Signet Jewelers (SIG)

Signet Jewelers Limited is the world's largest retailer of diamond jewelry. Signet operates approximately 2,900 stores primarily under the name brands of Kay Jewelers, Zales, Jared, H.Samuel, Ernest Jones, Peoples, Piercing Pagoda, and JamesAllen.com. Further information on Signet is available at www.signetjewelers.com. See also www.kay.com, www.zales.com, www.jared.com, www.hsamuel.co.uk, www.ernestjones.co.uk, www.peoplesjewellers.com, www.pagoda.com, and www.jamesallen.com.

Company profile

Ticker

SIG

Exchange

NYSE

Website

www.signetjewelers.com

CEO

Virginia Drosos

Location

Bermuda

Fiscal year end

Feb 01

Sector

Retail Trade > Jewelry Stores

Industry (SIC)

Retail - Jewelry Stores

Tiffany & Co • Birks • Envela • JS Beauty Land Network Technology ...

Former names

SIGNET GROUP PLC

SEC CIK

0000832988

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

Sterling Inc. • Signet Service Plans, Inc. • Sterling Jewelers Inc. • Signet US Holdings Inc. • Signet Group • Zale Corporation • Zale Delaware, Inc. • Zale Canada Co. • Signet Group Limited • Signet UK Finance plc ...

SIG stock data

1M 1Y 5Y

News

From Benzinga Pro

Expert Ratings for Signet Jewelers

10 Jun 22

Within the last quarter, Signet Jewelers (NYSE:SIG) has observed the following analyst ratings:

Analysts Cut Signet Jewelers Price Target Amid Inflation Worries

10 Jun 22

Telsey Advisory Group analyst Dana Telsey has lowered the price target on Signet Jewelers Limited (NYSE: SIG) to $85 (35% upside) from $100, citing a challenging macro environment. Telsey maintained the Market Perform rating on the shares.

10 Biggest Price Target Changes For Friday

10 Jun 22

Mizuho cut Adobe Inc. (NASDAQ: ADBE) price target from $600 to $530. Adobe shares fell 1.1% to $421.77 in pre-market trading.

UBS Maintains Buy on Signet Jewelers, Lowers Price Target to $120

10 Jun 22

Citigroup Maintains Neutral on Signet Jewelers, Lowers Price Target to $76

10 Jun 22

Press releases

From Benzinga Pro

Thinking about trading options or stock in Alibaba, Signet Jewelers, Advanced Micro Devices, Roku, or Microsoft?

9 Jun 22

NEW YORK, June 9, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for BABA, SIG, AMD, ROKU, and MSFT.

SIGNET JEWELERS REPORTS FIRST QUARTER FISCAL 2023 RESULTS

9 Jun 22

Delivers strong revenue growth and expands non-GAAP operating margin Reaffirms full year guidance on confidence in sustainable and agile operating structure $318 million of share repurchases completed in Q1 and

Signet Jewelers Releases its Fiscal 2022 Corporate Citizenship and Sustainability Report

7 Jun 22

Highlights Progress Towards its 2030 Corporate Sustainability Goals Showcases Notable Leadership in DEI AKRON, Ohio, June 7, 2022 /PRNewswire/ -- Today, Signet Jewelers Limited, the world's largest retailer of

SIGNET JEWELERS ANNOUNCES TIMING OF FISCAL 2023 FIRST QUARTER EARNINGS RELEASE AND CONFERENCE CALL

12 May 22

Analyst ratings and price targets

Last 3 months

Average target

$96.50

Low target

$76.00

High target

$120.00

Telsey Advisory Group

Calendar

9 Jun 22

26 Jun 22

1 Feb 23

Financial summary

Financial statements Chart SIG financial data

Quarter (USD)	Apr 22	Jan 22	Oct 21	Jul 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Jan 22	Jan 21	Jan 20	Feb 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	927.6M	927.6M	927.6M	927.6M	927.6M	927.6M
Cash burn (monthly)	163.57M	30.9M	46.23M	(no burn)	45.17M	(no burn)
Cash used (since last report)	312.09M	58.96M	88.22M	n/a	86.18M	n/a
Cash remaining	615.51M	868.64M	839.38M	n/a	841.42M	n/a
Runway (months of cash)	3.8	28.1	18.2	n/a	18.6	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Recent insider trades

SIG insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	#Shares	#Remaining
17 Jun 22	Andre Branch	Common Shares, par value $0.18	Grant	Acquire A	No	No	2,667	8,107
17 Jun 22	Hicks Zackery A	Common Shares, par value $0.18	Grant	Acquire A	No	No	2,667	22,294
17 Jun 22	McCluskey Helen	Common Shares, par value $0.18	Grant	Acquire A	No	No	2,667	28,835
17 Jun 22	Graf R. Mark	Common Shares, par value $0.18	Grant	Acquire A	No	No	2,667	25,471
17 Jun 22	Brian A Tilzer	Common Shares, par value $0.18	Grant	Acquire A	No	No	2,667	23,448

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

Institutional ownership, Q1 2022

SIG institutional ownership history Ownership history

13F holders	Current	Prev Q	Change
Total holders	279	298	-6.4%
Opened positions	44	65	-32.3%
Closed positions	63	32	+96.9%
Increased positions	93	103	-9.7%
Reduced positions	112	101	+10.9%

13F shares	Current	Prev Q	Change
Total value	3.83B	4.7B	-18.6%
Total shares	57.34M	58.97M	-2.8%
Total puts	563.3K	1.01M	-44.2%
Total calls	621.7K	1.05M	-40.7%
Total put/call ratio	0.9	1.0	-6.0%

Largest owners	Shares	Value	Change
BLK Blackrock	8.71M	$633.19M	-4.7%
Select Equity	8.08M	$587.39M	+45.8%
Green Equity Investors VI	7.77M	$87.91M	0.0%
Vanguard	6.18M	$449.37M	+0.5%
Dimensional Fund Advisors	2.33M	$169.16M	-2.8%
STT State Street	1.77M	$128.61M	+2.5%
D. E. Shaw & Co	1.32M	$0	0.0%
D. E. Shaw & Co.	1.14M	$83.1M	-11.1%
Arrowstreet Capital, Limited Partnership	1.12M	$81.1M	-6.1%
Geode Capital Management	950.17K	$69.08M	+1.7%

Largest transactions	Shares	Bought/sold	Change
Select Equity	8.08M	+2.54M	+45.8%
Melvin Capital Management	0	-675K	EXIT
Balyasny Asset Management	0	-654.77K	EXIT
FMR	804.69K	-624.16K	-43.7%
Citadel Advisors	8.62K	-526.16K	-98.4%
Norges Bank	0	-496.19K	EXIT
Millennium Management	481.37K	+451.88K	+1532.8%
BLK Blackrock	8.71M	-426.41K	-4.7%
Granite Investment Partners	332.39K	-323K	-49.3%
Samlyn Capital	0	-256.77K	EXIT

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Financial report summary

Management Discussion

•Same store sales: Up 2.5%.
•Total sales: $1.84 billion, increased 8.9%.
•Operating income: $0.2 million compared to $168.7 million in the prior year.

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. sophomore Avg

New words: admit, American, apparent, ASR, Assigned, assignment, attorney, Banter, bringing, career, centric, challenged, Civil, concurrent, conduct, conflict, daily, Deed, delivery, effort, experiential, faciliate, flat, freeze, froze, gas, lapping, leaving, legislative, lump, Missouri, modified, NaN, owed, participating, pertinent, Poll, prepayment, reclassification, relieve, Samuel, SDNY, segregated, separately, SJL, slight, slowdown, softening, statistical, tempered, Ukraine, voluntary, WDNY

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From filing 10-Q 2023 Q1

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