Signet Jewelers Limited is the largest specialty jewelry retailer in the US, UK and Canada. Signet operates approximately 3,600 stores primarily under the name brands of Kay Jewelers, Zales, Jared The Galleria Of Jewelry, H.Samuel, Ernest Jones, Peoples and Piercing Pagoda. The company’s annual sales of approximately $6 billion derive from the retailing of jewelry, watches and associated services.
Expressing romance and appreciation through bridal jewelry and gift giving is very important to our customers, as is self-reward. Signet believes customers associate our brands with high quality jewelry and an outstanding customer experience. Signet increases the attraction of Signet’s store brands to customers through the use of branded differentiated and exclusive merchandise, while offering a compelling value proposition in more basic ranges. In all aspects of our business, Signet follows the operating principles of excellence in execution, testing before investing, continuous improvement, and disciplined investment.
Signet is committed to delivering increasing value to our stakeholders while seeking to uphold our social, ethical and environmental principles, defined by the brand attributes of global leadership, innovation and sustainability.
Company Growth (employees)
Key People at Signet Jewelers
Virginia Drosos
Michele Santana
Ed Hrabak
Steven Becker
Lynn Dennison
Signet Jewelers Office Locations
Signet Jewelers Data and Metrics
Signet Jewelers Financial Metrics
Revenue (FY, 2017) | 6.4 b |
Revenue growth (FY, 2016 - FY, 2017), % | (2%) |
Net income (FY, 2017) | 543.2 m |
Market capitalization (25-Jul-2017) | 4.2 b |
Closing share price (25-Jul-2017) | 58.3 |
Cash (29-Apr-2017) | 99.7 m |
- Source: SEC Filings
| USD | FY, 2015 | FY, 2016 | FY, 2017 |
|---|---|---|---|
Revenue | 5.7 b | 6.6 b | 6.4 b |
Revenue growth, % | 14% | (2%) | |
Net Income | 381.3 m | 467.9 m | 543.2 m |
| USD | Q2, 2014 | Q3, 2014 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 |
|---|---|---|---|---|---|---|
Revenue | 1.2 b | |||||
Cost of goods sold | (832 m) | |||||
Gross profit | 2 b | |||||
Gross profit Margin, % | 171% | |||||
General and administrative expense | (388.7 m) | |||||
Operating expense total | (388.7 m) | |||||
EBIT | 10.7 m | |||||
EBIT margin, % | 1% | |||||
Interest expense | (12.6 m) | |||||
Pre tax profit | (1.9 m) | |||||
Income tax expense | 600 k | |||||
Net Income | 58 m | (1.3 m) | 146.8 m | 81.9 m | 17 m | 78.5 m |
- Source: SEC Filings
| USD | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 |
|---|---|---|---|---|
Cash | 247.6 m | 193.6 m | 137.7 m | 98.7 m |
Accounts Receivable | 1.4 b | 1.6 b | 1.8 b | 1.9 b |
Inventories | 1.5 b | 2.4 b | 2.5 b | 2.4 b |
Current Assets | 3.3 b | 4.4 b | 4.6 b | 4.6 b |
PP&E | 487.6 m | 665.9 m | 727.6 m | 822.9 m |
Goodwill | 519.2 m | 515.5 m | 517.6 m | |
Total Assets | 4 b | 6.3 b | 6.5 b | 6.6 b |
Accounts Payable | 162.9 m | 277.7 m | 269.1 m | 255.7 m |
Total Debt | 1.3 b | |||
Current Liabilities | 900.7 m | 1.3 b | 1.2 b | 1.2 b |
Total Liabilities | 3.5 b | |||
Additional Paid-in Capital | 258.8 m | 265.2 m | 279.9 m | 280.7 m |
Retained Earnings | 2.6 b | 3.1 b | 3.5 b | 4 b |
Total Equity | 2.6 b | 3.1 b | 2.5 b | |
Debt to Equity Ratio | 0.5 x | |||
Debt to Assets Ratio | 0.2 x | |||
Financial Leverage | 1.6 x | 2.1 x | 2.6 x |
| USD | Q2, 2014 | Q3, 2014 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 |
|---|---|---|---|---|---|---|
Cash | 215 m | 87.6 m | 113 m | 118.7 m | 82.7 m | 99.7 m |
Accounts Receivable | 1.3 b | 1.3 b | 1.7 b | 1.7 b | 1.6 b | 1.7 b |
Inventories | 2.3 b | 2.7 b | 2.5 b | 2.4 b | 2.6 b | 2.4 b |
Current Assets | 4.1 b | 4.3 b | 4.5 b | 4.4 b | 4.6 b | 4.5 b |
Goodwill | 551.9 m | 524.3 m | 519.7 m | 518.1 m | 517 m | 516.1 m |
Total Assets | 6 b | 6.2 b | 6.4 b | 6.3 b | 6.5 b | 6.5 b |
Accounts Payable | 235 m | 396.2 m | 255.7 m | 195.1 m | 382.2 m | 177.8 m |
Current Liabilities | 1.2 b | 1.4 b | 1.1 b | 1.1 b | 1.3 b | 1 b |
Additional Paid-in Capital | 262.5 m | 261.2 m | 275.9 m | 281.2 m | 128.5 m | 278.4 m |
Retained Earnings | 2.9 b | 2.9 b | 3.7 b | 3.7 b | 3.7 b | 4 b |
Total Equity | 2.7 b | 2.6 b | 3.1 b | 2.9 b | 2.2 b | 2.5 b |
Financial Leverage | 2.2 x | 2.3 x | 2.1 x | 2.2 x | 2.9 x | 2.5 x |
| USD | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 |
|---|---|---|---|---|
Net Income | 368 m | 381.3 m | 467.9 m | 543.2 m |
Depreciation and Amortization | 149.7 m | 175.3 m | 188.8 m | |
Accounts Receivable | (170 m) | (190 m) | (190 m) | (102.7 m) |
Inventories | (98 m) | (120 m) | (46 m) | (9.7 m) |
Accounts Payable | 3.2 m | 23.7 m | (6.4 m) | (7 m) |
Cash From Operating Activities | 235.5 m | 283 m | 443.3 m | 678.3 m |
Cash From Investing Activities | (160.4 m) | (1.7 b) | (228.7 m) | (278.4 m) |
Long-term Borrowings | (1.4 b) | (25 m) | (16.4 m) | |
Dividends Paid | (46 m) | (55.3 m) | (67.1 m) | |
Cash From Financing Activities | (124.8 m) | 1.3 b | (266.6 m) | (438.2 m) |
Interest Paid | 3.5 m | 25.4 m | 41.6 m | 47.1 m |
Income Taxes Paid | 211 m | 208.8 m | 180.1 m | 104 m |
| USD | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 |
|---|---|---|---|---|---|---|---|---|---|
Net Income | 58 m | (1.3 m) | 146.8 m | 81.9 m | 17 m | 78.5 m | |||
Accounts Receivable | 1.5 b | 1.5 b | 1.5 b | 1.7 b | 1.7 b | 1.6 b | 1.7 b | ||
Inventories | 2.5 b | 2.4 b | 2.7 b | 2.5 b | 2.4 b | 2.6 b | 2.4 b | ||
Accounts Payable | 256.5 m | 194 m | 371.4 m | 255.7 m | 195.1 m | 382.2 m | 177.8 m | ||
Income Taxes Paid | 600 k | 5.3 m | 3 m | 24.6 m | 1.4 m | 1.4 m | 20.8 m | 1.8 m |
| USD | Y, 2017 |
|---|---|
Revenue/Employee | 220.5 k |
Financial Leverage | 2.5 x |
