logo
#

Latest news with #SignetJewelers

Investors Will Want Signet Jewelers' (NYSE:SIG) Growth In ROCE To Persist
Investors Will Want Signet Jewelers' (NYSE:SIG) Growth In ROCE To Persist

Yahoo

time24-06-2025

  • Business
  • Yahoo

Investors Will Want Signet Jewelers' (NYSE:SIG) Growth In ROCE To Persist

To find a multi-bagger stock, what are the underlying trends we should look for in a business? Amongst other things, we'll want to see two things; firstly, a growing return on capital employed (ROCE) and secondly, an expansion in the company's amount of capital employed. Put simply, these types of businesses are compounding machines, meaning they are continually reinvesting their earnings at ever-higher rates of return. Speaking of which, we noticed some great changes in Signet Jewelers' (NYSE:SIG) returns on capital, so let's have a look. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. For those who don't know, ROCE is a measure of a company's yearly pre-tax profit (its return), relative to the capital employed in the business. To calculate this metric for Signet Jewelers, this is the formula: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.14 = US$521m ÷ (US$5.5b - US$1.6b) (Based on the trailing twelve months to May 2025). So, Signet Jewelers has an ROCE of 14%. That's a relatively normal return on capital, and it's around the 13% generated by the Specialty Retail industry. View our latest analysis for Signet Jewelers In the above chart we have measured Signet Jewelers' prior ROCE against its prior performance, but the future is arguably more important. If you'd like to see what analysts are forecasting going forward, you should check out our free analyst report for Signet Jewelers . We're pretty happy with how the ROCE has been trending at Signet Jewelers. The figures show that over the last five years, returns on capital have grown by 345%. The company is now earning US$0.1 per dollar of capital employed. Speaking of capital employed, the company is actually utilizing 27% less than it was five years ago, which can be indicative of a business that's improving its efficiency. If this trend continues, the business might be getting more efficient but it's shrinking in terms of total assets. In a nutshell, we're pleased to see that Signet Jewelers has been able to generate higher returns from less capital. And a remarkable 717% total return over the last five years tells us that investors are expecting more good things to come in the future. So given the stock has proven it has promising trends, it's worth researching the company further to see if these trends are likely to persist. One more thing to note, we've identified 3 warning signs with Signet Jewelers and understanding them should be part of your investment process. While Signet Jewelers may not currently earn the highest returns, we've compiled a list of companies that currently earn more than 25% return on equity. Check out this free list here. — Investing narratives with Fair Values A case for TSXV:USA to reach USD $5.00 - $9.00 (CAD $7.30–$12.29) by 2029. By Agricola – Community Contributor Fair Value Estimated: CA$12.29 · 0.9% Overvalued DLocal's Future Growth Fueled by 35% Revenue and Profit Margin Boosts By WynnLevi – Community Contributor Fair Value Estimated: $195.39 · 0.9% Overvalued Historically Cheap, but the Margin of Safety Is Still Thin By Mandelman – Community Contributor Fair Value Estimated: SEK232.58 · 0.2% Overvalued View more featured narratives — Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio

Jared Jewelers Launches Summer 2025 'Love Highway' Campaign, Marking a Bold Brand Evolution for a New Generation
Jared Jewelers Launches Summer 2025 'Love Highway' Campaign, Marking a Bold Brand Evolution for a New Generation

Business Wire

time18-06-2025

  • Entertainment
  • Business Wire

Jared Jewelers Launches Summer 2025 'Love Highway' Campaign, Marking a Bold Brand Evolution for a New Generation

AKRON, Ohio--(BUSINESS WIRE)--Jared Jewelers, the high-end, accessible luxury brand within Signet Jewelers, today announces the launch of its Summer 2025 brand campaign, Love Highway, starring supermodel Taylor Hill and her husband Daniel Fryer. Directed by globally renowned creative visionary David Lipman, the campaign signals a defining moment in Jared Jewelers' evolution as it reaches a new generation of consumers who seek a luxury experience with depth, connection, and meaning. Set against the vast, dreamlike landscapes of the American Southwest, Love Highway tells an intimate, cinematic story of two people on a journey together and individually. Framed by iconic Americana backdrops like neon-lit diners, open highways, and red rock canyons, the campaign captures what modern luxury looks like today: intentional, emotionally resonant, and deeply personal. Claudia Cividino, President of Jared Jewelers, emphasized that Love Highway represents more than a seasonal campaign. 'The consumer culture has shifted and Jared is evolving to meet the moment,' she said. 'This is a statement of who we are and where we're headed as a brand. We're redefining what meaningful, accessible luxury looks like for today's style-driven audience.' At the heart of the campaign is the real-life couple, Hill and Fryer, whose off-screen chemistry brings a rare authenticity to the story. The campaign showcases their connection through subtle gestures, shared moments, and a visual language that feels both spontaneous and timeless. 'With Love Highway, we wanted to convey intimacy and layered storytelling in a way that aligns with how today's consumers experience love, self-expression, and style,' said David Lipman, Creative Director of the campaign. 'This moment is about more than just aesthetics. It's about emotional connection.' The Jared Jewelers Summer 2025 collection featured in the campaign reflects this emotional approach to design. With elevated yet wearable silhouettes layered together – sleek gold forms, organic diamond details, and modern heirlooms – the collection redefines accessible luxury for a new era. Each piece is crafted to resonate with those who value both style and significance. To view the Love Highway campaign and discover the Jared Jewelers Summer 2025 collection, visit About Jared Jewelers Jared Jewelers is operated by Signet Jewelers Limited, the world's largest retailer of diamond jewelry. Jared is redefining how luxury is felt and expressed, through unique and memorable customer experiences to an array of on-trend, high-quality 18K gold and diamond fine jewelry fashion. For additional information on Jared® Jewelry visit and like us on Facebook, Twitter, YouTube, Pinterest and Instagram. About Signet Jewelers Signet Jewelers Limited is the world's largest retailer of diamond jewelry. As a Purpose-driven and sustainability-focused company, Signet is a participant in the United Nations Global Compact and adheres to its principles-based approach to responsible business. Signet operates approximately 2,600 stores primarily under the name brands of Kay Jewelers, Zales, Jared, Banter by Piercing Pagoda, Diamonds Direct, Blue Nile, James Allen, Rocksbox, Peoples Jewellers, H. Samuel, and Ernest Jones. Further information on Signet is available at See also

Rocksbox Opens Stores To Sell Not Rent Jewelry Under Signet's New ‘Grow Brand Love' Strategy
Rocksbox Opens Stores To Sell Not Rent Jewelry Under Signet's New ‘Grow Brand Love' Strategy

Forbes

time16-06-2025

  • Business
  • Forbes

Rocksbox Opens Stores To Sell Not Rent Jewelry Under Signet's New ‘Grow Brand Love' Strategy

Close-up of bohemian woman with freckles wearing boho style silver turquoise rings and necklaces Rocksbox just opened a fashion jewelry store in Walnut Creek, CA's Broadway Plaza outdoor mall. This marks Rocksbox's third store, following its Fillmore Street location in San Francisco and Elizabeth Street store in the Nolita neighborhood of New York City. A handful of other Rocksbox store openings will follow this year as Rocksbox transforms from a jewelry rental subscription model to a bricks-and-clicks retail destination for fashion-forward jewelry. It will feature leading designer brands, including Kendra Scott, Kate Spade, Ana Luisa, and Lele Sadoughi, as well as Rocksbox private label and pre-owned jewelry selections. This move is part of Signet Jewelers' new 'Grow Brand Love' growth strategy introduced by new CEO J.K. Symancyk in March. One of its aims is to continue to grow its core bridal jewelry business while expanding into 'adjacencies,' such as the much larger fashion jewelry segment. Signet figures it has a 28% share of the $10 billion addressable market in bridal jewelry compared to only a 6% share of the $50 billion fashion jewelry space. 'This is a test of what a fashion offering can mean to our business,' CFO Joan Hilson shared with me, adding that Rocksbox's move into stores is 'an exciting new format for us.' Rocksbox was launched by entrepreneur Meaghahn Rose in 2012 as a digitally-native jewelry rental subscription service. It was acquired by Signet Jewelers in 2021 and continued to operate under the subscription rental model until the middle of last year. It discovered the Rocksbox model was not a good fit with Signet's core businesses and brands, which include: Finding the subscription rental model was becoming a barrier to growth, it ended the rental program, which had also been tested in Signet's Zales stores in 50 markets, and shifted to a retail sales model. 'We've increasingly seen customers interested in purchasing the jewelry outright and adding to their collection – especially styles that are pre-owned and from designers that represent their values,' Rocksbox president Allison Vigil shared with RetailDive at the time of the shift. Now it is carrying forward Rocksbox' brand transformation into physical stores where Signet has proven itself to be a leader. It operates some 2,600 retail stores, making it the jewelry retail market leader in the U.S. It is also the world's largest retailer of diamond jewelry. As Rocksbox introduces itself to new customers as a jewelry fashion destination for self-purchase and gifting, it will serve as a proving ground for another pillar of the 'Grow Brand Love' strategy: to grow through a brand mindset. Rocksbox is just getting started honing its new image, unlike others in its portfolio which have long-standing relationship with customers and an identify built over the years. Previously, Signet always referred to its numerous jewelry businesses, such as Kay, Zales and Jared, as banners, not brands. However, the focus on branding is more than just a change in semantics. 'We're moving to think about our brands so each can focus on what is unique to their customers,' Hilson explained. 'Each team is dedicated to fully owning and bringing their brand to life for their customer.' The new branding initiative will focus on refining, realigning, and further differentiating each brand, and learnings from one will undoubtedly transfer to others, especially in the fashion jewelry market where it has the greatest growth potential. Signet has started with sharpening the branding sword for its core flagship brands – Kay, Zales and Jared. For example, Kay – 'Every kiss begins with K' and its bridal and gifting core – has just appointed its first chief love officer, Teddy Swims. Jared is launching a new fashion campaign to enhance its aspirational positioning in the luxury jewelry market, and Zales has found success with its 'Own it' campaign targeting its fashion jewelry collections as a means for personal self-expression. Signet's success depends heavily on these three flagship brands. In the latest first quarter earnings call, Symancyk explained that one point of comp group in these three brands has the same impact on Signet's overall performance as six points of growth in its remaining brands. 'Results for these three brands is already delivering a combined 4% comp sales in the first quarter, with continued trend in May,' he added. Signet has been battling headwinds recently after revenues dropped nearly 15% from fiscal 2023 through fiscal 2025, from $7.8 billion to $6.7 billion. Yet, in the first quarter 2026, ended May 3, overall revenues were up 2% to $1.5 billion and same-store sales rose 2.5%, which Jefferies reports is the first time in 12 successive quarters that comp sales in North America inflected positive. And adjusted operating income rose from $57.8 million last year to $70.3 million this. Average unit retail sales also got an 8% boost, partly owing to a 60% increase in lab-grown diamond sales in fashion jewelry. Fashion price points in the $200 to $500 range are particularly strong. Jefferies analyst Randal Konik wrote in an investor note that Signet is turning the corner: 'Signet Jewelers, a leading jewelry and watch retailer in North America, is undergoing a strategic transformation under its 'Grow Brand Love' initiative," and demonstrating early signs of success, including consumer engagement outpacing peers, steadily improving web traffic growth, which just inflected positive, steadily improving comp growth across all regions which just inflected positive in NA, increased higher-margin Service sales penetration, and overall enhanced profitability.' Another positive sign is plans to shrink mall revenue penetration to less than 30% of revenues from around 35% currently in North America and move to more productive off-mall locations and e-commerce channels. Just under 100 underperforming stores will close this year, primarily those in weaker mall locations with leases set to expire this year. Over the next three years, some 200 'high-value' stores in declining venues will be shifted. And Symancyk reassured investors that threatened Trump tariffs aren't going to hold it back as it revised guidance upward at the lower end of its revenue range between $6.57 billion and $6.8 billion and adjusted EBITDA to between $615 million and $695 million. 'We believe that we can navigate tariffs as they stand today within our full-year guidance through a combination of vendor negotiations, value engineering of new and existing styles, as well as promotion and life cycle management,' he concluded. See also:

Up 60% in Three Months, Can This Bargain Stock Keep Gaining?
Up 60% in Three Months, Can This Bargain Stock Keep Gaining?

Yahoo

time06-06-2025

  • Business
  • Yahoo

Up 60% in Three Months, Can This Bargain Stock Keep Gaining?

Signet Jewelers soared after returning to positive comparable sales growth in the first quarter. Its Grow Brand Love strategy is paying off as sales of lab-grown diamonds in fashion jumped 60%. The company repurchased 5% of its shares outstanding in the quarter. 10 stocks we like better than Signet Jewelers › Signet Jewelers (NYSE: SIG) is the world's largest retailer of diamond jewelry, but as a leader in a mature market, the stock has been overlooked by investors hungry for growth in the artificial intelligence (AI) era. That's led Signet, which owns banners like Kay, Jared, and Zales, to trade at a bargain valuation, and the stock looks more attractive after surging on its first-quarter earnings report. The company returned to same-store sales growth for the first time in several quarters and beat estimates on the top and bottom lines. Signet posted a same-store sales increase of 2.5%, thanks in part to 8% growth in average unit retail (AUR), or average prices. This was driven by a surge in lab-grown diamonds in its fashion segment, meaning non-bridal jewelry. Overall revenue in the quarter rose 2% to $1.54 billion, which topped the consensus at $1.52 billion. It showed off growth throughout the income statement, a credit to the improved assortment that led to comparable-sales growth. Gross margin rose 100 basis points to 38.8%, driven by improving merchandise margin and as it gained leverage on fixed costs. Adjusted operating income jumped from $57.8 million to $70.3 million. Adjusted earnings per share rose from $1.11 to $1.18, which beat the consensus at $1.04. Signet stock jumped as much as 16.8% on Tuesday on the news. In an interview with The Motley Fool, CFO/COO Joan Hilson credited the company's Grow Brand Love strategy for the improvement in Signet's business. New CEO J.K. Symancyk introduced the strategy in its fourth-quarter earnings report, saying the company would focus on more style and design-led product in its assortment. This includes a reorganization of the business. Hilson said part of that strategy means a sharper focus on Signet's top three banners, Kay, Zales, and Jared, saying that one point of growth at those banners was equal to six points of growth at its other brands. "This is the most immediate way for us to drive short-term growth," she said. Those efforts seem to have paid off as an improved assortment helped drive sales growth, with Signet particularly strong in fashion items at a price point of $250 to $500. Additionally, the company said that sales of lab-grown diamonds in the fashion segment jumped 60%. This shows that it's finding a new way to meet customer demand, as lab-grown diamonds offer the ability to get more karats for a lower price point than natural diamonds. Looking ahead, management said the company got off to a strong start in the second quarter. Quarter-to-date revenue was near or above the high end of its guidance for the quarter, calling for same-store sales of -1.5% to +1%. The company did not adjust its second-half expectations for the year, except to account for $117.5 million in share repurchases in Q1, or 5% of shares outstanding, showing another way Signet is delivering value for investors. For the full year, the company raised its revenue guidance from $6.53 billion to $6.80 billion to $6.57 billion to $6.8 billion, and now expects adjusted earnings per share of $7.70 to $9.38, up from a previous range of $7.31 to $9.10. That guidance factors in current tariffs, which the company expects to manage through vendor negotiations and other tactics, and management said the consumer remained resilient. At the midpoint of that guidance, the stock trades at a forward price-to-earnings ratio of just 8.5. This makes the stock attractively priced, especially after returning to growth and opportunistically buying back stock. Signet is now up 60% since its low point in March after the company reported disappointing Q4 results, which shows that the Grow Brand Love strategy has already had a significant effect. Looking ahead, the stock looks positioned for further gains due to its low valuation, improved assortment, growth in lab-grown diamonds, and ability to repurchase stock. Signet stock could easily move higher from here. Before you buy stock in Signet Jewelers, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Signet Jewelers wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $656,825!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $865,550!* Now, it's worth noting Stock Advisor's total average return is 994% — a market-crushing outperformance compared to 172% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 2, 2025 Jeremy Bowman has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Up 60% in Three Months, Can This Bargain Stock Keep Gaining? was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Credo Q4 results, CoreWeave gains, Signet Jewelers outlook
Credo Q4 results, CoreWeave gains, Signet Jewelers outlook

Yahoo

time03-06-2025

  • Business
  • Yahoo

Credo Q4 results, CoreWeave gains, Signet Jewelers outlook

Yahoo Finance host Josh Lipton tracks today's top moving stocks and biggest market stories in this Market Minute, including Credo Technology Group (CRDO) shares surging after topping fiscal fourth quarter earnings estimates, CoreWeave (CRWV) extending gains after announcing its AI data center deal with Applied Digital (APLD), and Signet Jewelers (SIG) releasing an upbeat full-year profit outlook. Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute. It's time for Yahoo Finance's market minute. US stocks rise as positive economic data offsets the OECD's tariff warning. Shares of Credo Technology are surging after providing fourth quarter results, company pulling earnings and revenue that did top Wall Street's expectations. Several firms lifting their price target on that stock including TD Cowen noting Credo as a top pick among small and mid-cap stocks. Coreweave shares reaching a record intraday high. Applied Digital and Coreweave extending gains following that new data center deal. Companies entering two approximately 15 year AI data center lease agreements. And Signet Jewelers seeing a jump after lifting its price profit outlook for the full year, company noting its outlook reflects the current macro environment, current tariffs, as well as cost savings initiatives. Signet Jewelers also topping earnings and revenue expectations for the first quarter. And that's your Yahoo Finance market minute for more of what's trending, scan the QR code below. Sign in to access your portfolio

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store