Signet Jewelers Limited (SIG) Earnings: Q2 Fiscal 2027 Results and Next Report Date

The quarter ended August 1, 2026 and Signet Jewelers published the results on September 9, 2026. Revenue and diluted EPS are shown against Q2 fiscal 2026, the same quarter a year earlier, which takes seasonal swings out of the comparison. Signet Jewelers reports EPS two ways: GAAP, under the accounting rules every US filer follows, and adjusted diluted EPS, which leaves out items the company considers outside its operating results. The release reconciles the two, and when they diverge, the reconciliation says why.

• Signet's fiscal 2027 is the 52 weeks ending January 30, 2027. Q2 is the 13 weeks ended August 1, 2026.
• Signet decommissioned the James Allen website and moved the brand into Blue Nile in May 2026. Blue Nile and James Allen are excluded from same store sales from Q2 fiscal 2027.
• Q2 GAAP EPS includes $0.86 per share of charges net of tax, mainly a $19.5 million impairment, most of it on the Diamonds Direct trade name, and a $19.2 million impairment of Signet's investment in and loans to Sasmat, a Spanish jewelry retailer.

Source: Signet Jewelers Q2 fiscal 2027 results, September 9, 2026. Also in the Form 10-Q for the quarter ended August 1, 2026. Figures as reported; checked against the release on November 10, 2026.

How Signet Jewelers splits revenue in its own release, under its own labels, for Q2 fiscal 2027 against Q2 fiscal 2026. Indented lines are parts of the line above them.

• Signet Jewelers's North America revenue was $1.4 billion in Q2 fiscal 2027, flat on $1.4 billion in Q2 fiscal 2026, 93% of total revenue.
• Signet Jewelers's International revenue was $96.6 million in Q2 fiscal 2027, up 5% from $91.8 million in Q2 fiscal 2026, 6% of total revenue.
• Signet Jewelers's Other revenue was $3.2 million in Q2 fiscal 2027, down 81% from $16.6 million in Q2 fiscal 2026, under 1% of total revenue.

Segment lines are the figures writers cite most often, because they show where the growth in a quarter came from. Companies redraw their segments from time to time and restate the prior year to match, so a year-ago figure here can differ from the one printed a year ago. When that has happened, the note above says so.

From the earnings release

Signet's release gives ranges in a table. Q3: total sales $1.37 to $1.41 billion, same store sales (1.0%) to 2.0%, adjusted operating income $31 to $48 million. Full year: total sales $6.7 to $6.9 billion (unchanged), same store sales flat to 2.5%, adjusted operating income $535 to $605 million (was $480 to $560 million), adjusted diluted EPS $10.45 to $12.15 (was $9.20 to $11.00). Signet gives no GAAP EPS forecast.

In its Q2 fiscal 2027 release, Signet Jewelers said:

“We are raising our full year adjusted EPS guidance by over 10% to reflect year-to-date operating performance, additional share repurchases, refunds of tariffs previously paid, and the terms of the new consumer credit agreement.”

“$60 to $80 million in net revenue reduction related to the transition of the James Allen brand with a minimal impact on adjusted operating income.”

“Refunds of tariffs previously paid of approximately $30 million.”

“This assumes a full year weighted average diluted share count of approximately 38.8 million shares.”

Source: Signet Q2 fiscal 2027 release, Sep 9, 2026.

This is the company's own guidance as of Sep 9, 2026, quoted as given. Walnut does not make forecasts of its own. Analyst estimates for the coming quarters are on the SIG forecast page.

Revenue and diluted EPS for the last 5 quarters. Each date links to that quarter's release.

Sales and GAAP diluted EPS, each as first reported in that quarter's release. The fourth quarter, which includes the Holiday Season, historically accounts for about 35% to 40% of Signet's annual sales.

Signet Jewelers's next report is scheduled for December 2, 2026. This page will show Q2 fiscal 2027 until those results are out and have been checked against the release.

Each quarter keeps its own page with the figures as reported, so a link to one stays pointed at the same numbers after the next report.

• Q2 fiscal 2027 (this page), reported Sep 9, 2026

Signet Jewelers had sales of $1,528.1 million in Q2 fiscal 2027, down 0.5% from $1,535.1 million, while same store sales rose 2.2%. Signet said total sales were held back mainly by the decommissioning of the James Allen website and its move into Blue Nile in May, and that same store sales grew at its three largest brands, Kay, Zales and Jared, and in the UK. (Signet Form 10-Q, Q2 fiscal 2027, Sep 9, 2026)

North America is almost all of Signet's business, with $1,428.3 million of sales, against $96.6 million for the International segment, which is mainly the UK. By brand, Kay sold $585.2 million, Zales $275.1 million and Jared $262.1 million. James Allen fell to $7.1 million from $36.9 million and Blue Nile rose to $83.6 million from $74.7 million. (Signet Form 10-Q, Q2 fiscal 2027, Sep 9, 2026; Signet Q2 fiscal 2027 release, Sep 9, 2026)

By product, Bridal was $662.6 million of sales, Fashion $535.5 million, Services $199.2 million and Watches $89.3 million. Services are mainly extended service plans, repairs and subscriptions. Merchandise average unit retail rose about 6%, with growth in both Bridal and Fashion, while the number of units sold fell. (Signet Form 10-Q, Q2 fiscal 2027, Sep 9, 2026; Signet Q2 fiscal 2027 release, Sep 9, 2026)

E-commerce sales were $300.0 million, down 5.5%, mainly because of the James Allen website closure, and were 19.6% of sales against 20.7% a year earlier. Brick and mortar same store sales rose 2.3%. Signet operated 2,534 stores at August 1, 2026, 48 fewer than at the end of fiscal 2026. Signet's sales are seasonal: the fourth quarter, which includes the November and December Holiday Season, historically accounts for about 35% to 40% of annual sales. (Signet Form 10-Q, Q2 fiscal 2027, Sep 9, 2026; Signet Q2 fiscal 2027 release, Sep 9, 2026; Signet Form 10-K, fiscal 2026, Mar 19, 2026)

Signet Jewelers' GAAP diluted EPS was $1.33 in Q2 fiscal 2027, against a loss of $0.22 a year earlier, and adjusted diluted EPS was $2.19 against $1.61. Adjusted EPS adds back $0.49 of asset impairments, mostly the Diamonds Direct trade name, $0.49 for the impairment of its Sasmat investment and loans, and $0.01 of restructuring charges, less a $0.13 tax effect. The year-ago loss included $1.94 of asset impairments, mainly goodwill and trade names. (Signet Q2 fiscal 2027 release, Sep 9, 2026; Signet Form 10-Q, Q2 fiscal 2027, Sep 9, 2026)

Gross margin rose 80 basis points to 39.4% of sales, helped by about $15 million of tariff refunds, which Signet said was $13 million more than it expected, and lower inventory and distribution costs, partly offset by higher gold costs. SG&A fell to $493.6 million from $505.3 million because of cost cuts from operating model changes. (Signet Q2 fiscal 2027 release, Sep 9, 2026)

Diluted weighted average shares fell to 39.3 million from 41.1 million. Signet bought back about 1.0 million shares for $87 million in Q2, bought 0.4 million more after the quarter, and said it intends to enter a $125 million accelerated share repurchase. Its board raised the remaining repurchase authorization by about $385 million to $700 million. (Signet Q2 fiscal 2027 release, Sep 9, 2026)

Diluted EPS divides net income by the weighted average number of shares outstanding in the quarter, plus the shares that options and other equity awards could add. Buybacks shrink that count and lift EPS for the same profit; share issuance and stock awards enlarge it.

Signet Jewelers gives quarterly and full-year ranges in its release and raised its fiscal 2027 adjusted diluted EPS range to $10.45 to $12.15 from $9.20 to $11.00, keeping total sales at $6.7 to $6.9 billion. For Q3 it guided total sales of $1.37 to $1.41 billion and same store sales of (1.0%) to 2.0%. (Signet Q2 fiscal 2027 release, Sep 9, 2026)

Signet's assumptions include a $60 to $80 million revenue reduction from the James Allen transition, about $30 million of tariff refunds, $30 to $40 million of revenue and gross margin from the new Bread Financial credit agreement, which runs through December 2035, an annual tax rate of 23% to 25% and about 38.8 million diluted shares. It does not forecast GAAP EPS. (Signet Q2 fiscal 2027 release, Sep 9, 2026)

A consensus figure is the average of the models published by the analysts who cover Signet Jewelers, collected by a data provider and revised up to the day of the report. A quarter that lands above it says how expectations were set as much as how the business did, and the share price on the day also reflects the guidance and the lines no consensus covers.

The consensus figures on this page are Yahoo Finance's, as pulled on the date shown. Each comes with the number of analysts behind it; the smaller that number, the more one revised estimate can move the average.

The figures below are the ones Signet Jewelers's own release and filings put weight on for Q2 fiscal 2027, with the latest reported value for each.

What the quarter means for a holding is a separate question from what it reported. The case for and against owning SIG is on is SIG a buy or a sell?, what analysts expect next is on the SIG forecast, and what the company does is on the Signet Jewelers Limited (SIG) stock page.

Every number on this page can be traced to a document Signet Jewelers published. Checking one takes a couple of minutes, and it is worth doing before you quote a figure anywhere.

• The results release is the document linked in the source line above. Companies publish it on their investor relations site at the moment results go out, and it carries the headline tables: revenue, operating income, net income and EPS for the quarter and the year-ago quarter.
• The same release is filed with the SEC as Exhibit 99.1 to a Form 8-K under Item 2.02, usually on the day of the report. The SEC copy does not change after the fact, which makes it the safer thing to link when you cite a number.
• The quarterly report (Form 10-Q) follows within a few weeks and carries the full financial statements, the segment note and management's discussion of what changed. The fourth quarter is covered by the annual report (Form 10-K) instead.
• Restated comparisons are flagged in the notes on this page. When a company redraws its segments or changes how it adjusts EPS, it restates the year-ago column, so the year-ago figure in a new release can differ from the one printed a year ago. This page always uses the comparison in the newer release, because that is the like-for-like one.

A walk-through of every line in a release, with what each one tells you, is in how to read an earnings report.