Shares of Signet Jewelers Limited (SIG) gained over 14% on Thursday morning after the company reported strong fourth-quarter earnings and issued its outlook.
The stock is currently trading at $89.42, up $10.65 or 13.52%, on the NYSE. It opened at $82.01 after closing the previous session at $78.77. The stock has traded between $49.99 and $110.20 over the past 52 weeks.
Signet Jewelers reported fourth-quarter profit of $250 million, or $6.08 per share, compared with $101 million, or $2.30 per share, in the same period last year. Revenue edged down to $2.345 billion from $2.353 billion a year earlier.
For fiscal 2027, the company expects adjusted earnings of $8.80 to $10.74 and total sales of $6.6 billion to $6.9 billion. For the first quarter, Signet projects sales of $1.53 billion to $1.57 billion and same-store sales growth of 0.5% to 2.5%.
The board declared a quarterly dividend of $0.35 per share, payable on May 22, 2026, to shareholders of record on April 24, 2026, representing an increase of nearly 10%.
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