Signet Jewelers rises on upbeat forecast

Signet Jewelers

02/06/2026 14:04

** Shares of diamond retailer Signet Jewelers SIG.N up 5% at $89.57 premarket 
** Co raises annual sales, profit forecast after beating Q1  profit estimates
** Expects annual sales in the range of $6.7 billion to $6.9 billion vs previous forecast of $6.6 billion to $6.9 billion
** Sees annual adjusted EPS in the range of $9.20 to $11.00 vs previous target of $8.80 to $10.74
** Posts Q1 adjusted EPS of $1.56 vs analysts' estimate of $1.36-data compiled by LSEG
** Logs quarterly sales of $1.55 billion, in line with estimates
** As of last close, stock up 2% YTD

 (Reporting by Koyena Das from Bengaluru)
 ((Koyena.das@thomsonreuters.com))