OverviewSuggest Edit
Signet Jewelers engages in the retail sale of diamond jewelry, watches, and other products in the United States, Canada, Puerto Rico, the United Kingdom, the Republic of Ireland, and the Channel Islands. Its Sterling Jewelers division operates stores in malls and off-mall locations primarily under the Kay Jewelers, Kay Jewelers Outlet, Jared The Galleria Of Jewelry, Jared Vault, and various mall-based regional brands. The Company’s Zale division operates jewelry stores and mall-based kiosks in shopping malls mainly under the Zales Jewelers, Zales Outlet, Peoples Jewellers, Gordon’s Jewelers, and Mappins Jewellers regional brands. Its UK Jewelry division operates stores in shopping malls and off-mall locations principally under the H.Samuel and Ernest Jones brands. The Company also operates a diamond polishing factory, which is involved in diamond sourcing, and polishing activities.
| Type | Public | |
| Founded | 1950 | |
| HQ | Hamilton, BM | Map |
| Website | signetjewelers.com | |
| Employee Ratings | More | |
| Overall Culture | F | More |
Recent NewsAll News
Key People/Management at Signet Jewelers
C. Drosos
Chief Executive Officer
Zackery A. Hicks
Director
Sharon L. McCollam
Director
Helen McCluskey
Director
Lynn Dennison
Chief Legal, Compliance and Corporate Affairs Officer
Nancy A. Reardon
Director
Signet Jewelers Office Locations
Signet Jewelers has offices in Hamilton, Akron, Albany, Albuquerque and in 209 other locations
Hamilton, BM (HQ)
Clarendon House
Borehamwood, GB
3 Maxwell Rd
Akron, OH, US
375 Ghent Rd
Albany, NY, US
Albany, NY, USA
Albuquerque, NM, US
Albuquerque, NM, USA
Allen, TX, US
Allen, TX, USA
Signet Jewelers Financials and Metrics
Signet Jewelers Revenue
Signet Jewelers's revenue was reported to be $6.14 b in FY, 2020
| USD | |
|---|---|
Revenue (Q3, 2021) | 1.3b |
Gross profit (Q3, 2021) | 436.5m |
Gross profit margin (Q3, 2021), % | 33.6% |
Net income (Q3, 2021) | 9.3m |
EBIT (Q3, 2021) | 39.7m |
Market capitalization (2-Mar-2021) | 2.7b |
Closing stock price (2-Mar-2021) | 52.3 |
Cash (31-Oct-2020) | 1.3b |
EV | 3.6b |
Signet Jewelers's current market capitalization is $2.7 b.
Annual
Quarterly
| USD | Q2, 2011 | Q3, 2011 | Q1, 2012 | Q2, 2012 | Q3, 2012 | Q1, 2013 | Q2, 2013 | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 722.8m | 641.8m | 887.3m | 797.6m | 710.5m | 900.0m | 853.9m | 716.2m | 993.6m | 880.2m | 771.4m | 1.1b | 1.2b | 1.2b | 1.5b | 1.4b | 1.2b | 1.6b | 1.4b | 1.2b | 1.4b | 1.4b | 1.2b | 1.5b | 1.4b | 1.2b | 1.4b | 1.4b | 1.2b | 852.1m | 1.3b | |
Cost of goods sold | 483.0m | 448.2m | 537.6m | 502.8m | 480.6m | 546.3m | 542.7m | 480.8m | 610.8m | 570.5m | 532.2m | 648.9m | 816.9m | 832.0m | 964.7m | 919.8m | 848.7m | 978.5m | 908.5m | 836.2m | 912.2m | 941.7m | 8.4b | 995.8m | 929.9m | 820.5m | 932.3m | 901.3m | 818.6m | 648.3m | 663.9m | 863.8m |
Gross profit | 239.8m | 193.6m | 349.7m | 294.8m | 229.9m | 353.7m | 311.2m | 235.4m | 382.8m | 309.7m | 239.2m | 407.2m | 409.0m | 345.9m | 565.9m | 490.8m | 367.7m | 600.4m | 464.9m | 350.0m | 491.2m | 457.9m | (7.2b) | 484.8m | 490.2m | 371.2m | 499.4m | 463.1m | 369.1m | 203.8m | 436.5m | |
Gross profit Margin, % | 33% | 30% | 39% | 37% | 32% | 39% | 36% | 33% | 39% | 35% | 31% | 39% | 33% | 29% | 37% | 35% | 30% | 38% | 34% | 30% | 35% | 33% | (622%) | 33% | 35% | 31% | 35% | 34% | 31% | 24% | 34% |
Annual
| USD | FY, 2011 | FY, 2012 | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 | FY, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|
Cash | 302.1m | 486.8m | 301.0m | 247.6m | 193.6m | 137.7m | 98.7m | 225.1m | 195.4m | 374.5m |
Accounts Receivable | 935.9m | 1.1b | 1.2b | 1.4b | 1.6b | 1.8b | 1.9b | 692.5m | 19.5m | 38.8m |
Prepaid Expenses | 79.2m | 92.0m | 85.9m | 87.0m | 137.2m | 154.4m | ||||
Inventories | 1.2b | 1.3b | 1.4b | 1.5b | 2.4b | 2.5b | 2.4b | 2.3b | 2.4b | 2.3b |
Quarterly
| USD | Q2, 2011 | Q3, 2011 | Q1, 2012 | Q2, 2012 | Q3, 2012 | Q1, 2013 | Q2, 2013 | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash | 485.4m | 414.9m | 394.1m | 440.2m | 349.6m | 399.0m | 237.5m | 166.0m | 263.7m | 212.9m | 87.8m | 249.1m | 215.0m | 87.6m | 122.6m | 159.8m | 77.2m | 113.0m | 118.7m | 82.7m | 99.7m | 119.1m | 113.4m | 153.9m | 134.1m | 130.7m | 195.1m | 271.5m | 188.6m | 1.1b | 1.3b | |
Accounts Receivable | 797.2m | 769.5m | 904.3m | 906.8m | 891.2m | 1.0b | 1.0b | 998.2m | 1.2b | 1.2b | 1.1b | 1.3b | 1.3b | 1.3b | 1.5b | 1.5b | 1.5b | 1.7b | 1.7b | 1.6b | 1.7b | 664.5m | 640.1m | 6.8m | 6.5m | 9.3m | 23.1m | 21.8m | 20.8m | 27.8m | 31.5m | 58.3m |
Prepaid Expenses | 49.4m | 77.8m | 84.6m | 91.5m | 97.7m | 74.0m | 71.6m | 59.7m | 82.1m | 79.5m | 86.9m | 91.0m | 120.5m | 132.4m | 126.8m | 143.2m | 205.5m | 190.6m | 207.2m | |||||||||||||
Inventories | 1.1b | 1.3b | 1.2b | 1.2b | 1.4b | 1.3b | 1.3b | 1.5b | 1.4b | 1.4b | 1.6b | 1.5b | 2.3b | 2.7b | 2.5b | 2.4b | 2.7b | 2.5b | 2.4b | 2.6b | 2.4b | 2.3b | 2.5b | 2.4b | 2.4b | 2.6b | 2.4b | 2.3b | 2.5b | 2.4b | 2.2b |
Annual
| USD | FY, 2011 | FY, 2012 | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 | FY, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|
Net Income | 200.4m | 324.4m | 359.9m | 368.0m | 381.3m | 467.9m | 543.2m | 519.3m | (657.4m) | 105.5m |
Depreciation and Amortization | 89.7m | 92.4m | 99.4m | 110.2m | 149.7m | 175.3m | 188.8m | 203.4m | 183.6m | |
Inventories | (19.5m) | (115.2m) | (65.7m) | (98.4m) | (121.6m) | (46.0m) | (9.7m) | 210.9m | (194.3m) | 48.8m |
Accounts Payable | 59.4m | 57.2m | (39.6m) | 3.2m | 23.7m | (6.4m) | (7.0m) | (51.4m) | (78.5m) | 77.2m |
Quarterly
| USD | Q2, 2011 | Q3, 2011 | Q1, 2012 | Q2, 2012 | Q3, 2012 | Q1, 2013 | Q2, 2013 | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | 92.7m | 95.0m | 75.4m | 141.7m | 167.8m | 82.5m | 153.2m | 188.1m | 91.8m | 159.2m | 192.8m | 96.6m | 154.6m | 153.3m | 118.8m | 181.0m | 196.0m | 146.8m | 228.7m | 245.7m | 78.5m | 171.9m | 168.0m | (496.6m) | (519.6m) | (549.5m) | (10.0m) | (46.1m) | (81.6m) | (197.1m) | (278.8m) | (269.5m) |
Depreciation and Amortization | 43.5m | 65.5m | 20.4m | 40.6m | 67.3m | 23.1m | 46.7m | 70.4m | 25.6m | 51.1m | 79.4m | 28.0m | 64.5m | 104.8m | 41.8m | 84.5m | 129.5m | 45.6m | 91.8m | 138.8m | 50.0m | 98.4m | 147.1m | 49.8m | 93.7m | 138.4m | 41.0m | 85.8m | 129.5m | 37.3m | 84.8m | |
Inventories | 40.3m | (125.9m) | (24.3m) | (6.5m) | (211.5m) | (25.6m) | (17.2m) | (207.8m) | (54.7m) | (57.4m) | (272.3m) | (19.9m) | 17.1m | (321.1m) | (43.7m) | 28.4m | (289.3m) | (34.8m) | 33.8m | (217.0m) | 17.7m | 180.0m | 4.6m | (162.4m) | (170.9m) | (456.6m) | (7.8m) | 96.8m | (77.2m) | 135.3m | 151.1m | |
Accounts Payable | 48.1m | 112.0m | 17.9m | 10.8m | 60.2m | (27.7m) | (46.5m) | 32.6m | 18.3m | (29.3m) | 80.2m | (4.2m) | (28.9m) | 132.9m | (19.0m) | (80.8m) | 93.6m | (12.4m) | (71.7m) | 114.1m | (74.0m) | (104.4m) | 39.7m | 55.7m | 3.6m | 106.5m | 87.7m | 74.7m | 183.7m | 65.5m | 325.2m |
| USD | Q2, 2011 |
|---|---|
Financial Leverage | 1.6 x |
Signet Jewelers Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| R2Net | August 24, 2017 | $328 m |
| Zale Corporation | February 19, 2014 | $1.40 b |
Signet Jewelers Revenue Breakdown
Signet Jewelers revenue breakdown by business segment: 36.1% from Fashion, 6.9% from Watches, 43.4% from Bridal and 13.6% from Other
Signet Jewelers revenue breakdown by geographic segment: 9.2% from International, 90.3% from North America and 0.5% from Other
Signet Jewelers Cybersecurity Score
Signet Jewelers Online and Social Media Presence
Signet Jewelers's Trends
Signet Jewelers Company Culture
Overall Culture
F
48/100
CEO Rating
F
48/100
Compensation
D+
55/100
Diversity
F
30/100
Signet Jewelers News and Updates
February 25, 2021
Kay Jewelers, Zales parent Signet Jewelers lifts minimum wage to $15 an hour
Signet Jewelers Ltd. , which retail brands include Kay Jewelers, Zales and Jared, said Thursday it was raising its minimum wage for all U.S. employees to $15 an hour, with the new wages fully rolled out by the spring of 2022. The new wages will cover all full-time and part-time employees, and for al…
February 18, 2021
Signet Jewelers Announces Timing Of Fiscal 2021 Fourth Quarter Earnings Release And Conference Call
HAMILTON, Bermuda, Feb. 18, 2021 /PRNewswire/ -- Signet Jewelers Limited (NYSE: SIG) intends to announce its fourth quarter results at approximately 7:00 a.m. ET on Thursday, March 18, 2021. On that date there will be a conference call at 8:30 a.m. ET and a simultaneous audio webcast...
February 10, 2021
Signet Jewelers Announces Two New Board Appointments
HAMILTON, Bermuda, Feb. 10, 2021 /PRNewswire/ -- Signet Jewelers Limited ("Signet") (NYSE:SIG), the world's largest retailer of diamond jewelry, today announced the appointments of André Branch and Dontá Wilson to its board of directors, effective immediately. Their appointments will...
January 14, 2021
Signet Jewelers Reports Strong Fiscal 2021 Holiday Season Sales
HAMILTON, Bermuda, Jan. 14, 2021 /PRNewswire/ -- Signet Jewelers Limited ("Signet") (NYSE:SIG), the world's largest retailer of diamond jewelry, today announced its preliminary sales for the 9 weeks ended January 2, 2021 ("Holiday Season"). "Despite considerable macro hurdles, the Signet...
December 03, 2020
Signet Jewelers stock shoots up after surprising with a profit and revenue growth
Shares of Signet Jewelers Ltd. surged 8.7% toward a near 2-year high in premarket trading Thursday, after the jewelry retailer reported a surprise fiscal third-quarter profit and revenue that rose above forecasts. For the quarter to Oct. 31, the company swung to net income of about $900,000, or 2 c…
December 01, 2020
Insights on the Online Jewelry Global Market to 2027 - Featuring Chow Tai Fook Jewellery, Kering and Signet Jewelers Among Others
Dublin, Dec. 01, 2020 (GLOBE NEWSWIRE) -- The "Online Jewelry - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering. The publisher brings years of research experience to the 7th edition of this report. The 130-page report presents concise insights …
Signet Jewelers Blogs
February 18, 2021
Signet Providing Paid Time Off to Receive the COVID-19 Vaccine
A shot in the arm towards getting back to full strength Throughout the pandemic, Signet team members have persevered in the face of adversity. They’ve continually seen “challenges” as “opportunities” and fully embraced new ways to help our customers Celebrate Life and Express Love, all while working…
January 28, 2021
Signet Jewelers honored to be included in the 2021 Bloomberg Gender-Equality Index
Akron, OH, January 28, 2021 – Signet Jewelers Limited (“Signet”) (NYSE:SIG), the world’s largest retailer of diamond jewelry, today announced that for the third consecutive year it has earned inclusion in the Bloomberg Gender-Equality Index (GEI). “Signet is proud to be among an elite group of compa…
January 13, 2021
Insigniam Quarterly Profile of Gina Drosos, Signet CEO
In its in-depth interview with our CEO, Gina Drosos, Insigniam Quarterly detailed Gina’s vision in architecting a bold, game-changing future that positions Signet’s brands as retail destinations, accessible anytime, anywhere. While the COVID-19 pandemic accelerated Signet’s pivot to digital-first, p…
January 01, 2021
Turning the Page with Love
Note: This article was originally published by Gina Drosos, CEO, on her LinkedIn account. Follow Gina on LinkedIn. Every new year brings the promise of possibilities – the opportunity to close one chapter and begin the next. But this new year is like no other. 2020 has been an uncertain, tumultuous …
November 19, 2020
Signet is Great Place To Work-Certified™
We’re certified proud to announce Signet is Great Place To Work-Certified™. Culture makes a company, and our team members make our culture. Thank you to our more than 20,000 team members for building the inclusive and supportive culture that inspires love and helps create the kind of world we all wa…
Signet Jewelers Frequently Asked Questions
When was Signet Jewelers founded?
Signet Jewelers was founded in 1950.
Who are Signet Jewelers key executives?
Signet Jewelers's key executives are C. Drosos, Zackery A. Hicks and Sharon L. McCollam.
How many employees does Signet Jewelers have?
Signet Jewelers has 26,126 employees.
What is Signet Jewelers revenue?
Latest Signet Jewelers annual revenue is $6.1 b.
What is Signet Jewelers revenue per employee?
Latest Signet Jewelers revenue per employee is $234.9 k.
Who are Signet Jewelers competitors?
Competitors of Signet Jewelers include Folli Follie, TAG Heuer and Saat ve Saat.
Where is Signet Jewelers headquarters?
Signet Jewelers headquarters is located at Clarendon House, Hamilton.
Where are Signet Jewelers offices?
Signet Jewelers has offices in Hamilton, Akron, Albany, Albuquerque and in 209 other locations.
How many offices does Signet Jewelers have?
Signet Jewelers has 214 offices.
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