Filing Flows › Signet Jewelers (SIG) › Q1 FY27 › vs Q1 FY26
Signet Jewelers (SIG) Q1 FY27 vs Q1 FY26 (year over year)
Signet Jewelers's revenue rose $12.0M (+0.8%) from $1.5B in Q1 FY26 to $1.6B in Q1 FY27. The biggest changes: Service sales +$9.9M (+5%); Merchandise sales +$2.1M (+0.2%). Gross margin 35.8% against 38.8% (-3.0 pts).
Signet Jewelers, Q1 FY27: revenue $1.6B (+0.8% year over year), operating margin 2.4%, net earnings $31.7M, operating cash flow −$145M. The chart draws each line against Q1 FY26, the increases inside each band.
Margins
| Q1 FY27 | Q1 FY26 | Change | |
|---|---|---|---|
| Gross margin | 35.8% | 38.8% | -3.0 pts |
| Operating margin | 2.4% | 3.1% | -0.7 pts |
| Net margin | 2.0% | 2.2% | -0.1 pts |
Every line
| Line | Q1 FY27 | Q1 FY26 | Change | % |
|---|---|---|---|---|
| Bridal | $688M | $685M | $3.0M | +0.4% |
| Fashion | $559M | $556M | $3.1M | +0.6% |
| Watches | $75.4M | $69.5M | $5.9M | +8% |
| Other | $29.5M | $39.4M | −$9.9M | -25% |
| Merchandise sales | $1.4B | $1.4B | $2.1M | +0.2% |
| Service sales | $201M | $191M | $9.9M | +5% |
| Revenue | $1.6B | $1.5B | $12.0M | +0.8% |
| Gross profit | $556M | $599M | −$42.3M | -7% |
| Cost of revenue | $997M | $943M | $54.3M | +6% |
| Operating profit | $36.9M | $48.1M | −$11.2M | -23% |
| Operating expenses | $520M | $551M | −$31.1M | -6% |
| Pre-tax earnings | $40.8M | $45.6M | −$4.8M | -11% |
| SG&A | $510M | $526M | −$16.4M | -3% |
| Other operating costs | $10.0M | $24.7M | −$14.7M | -60% |
| Net earnings | $31.7M | $33.5M | −$1.8M | -5% |
| Income tax | $9.1M | $12.1M | −$3.0M | -25% |
| Operating cash sources | $219M | $253M | −$34.2M | -14% |
| Depreciation & amortization | $34.7M | $37.0M | −$2.3M | -6% |
| Share-based compensation | $7.5M | $7.0M | $500K | +7% |
| Cash used in operations | $145M | $175M | −$30.6M | -17% |
| Working capital & other | $219M | $253M | −$34.2M | -14% |
Questions
How much did Signet Jewelers's revenue grow year over year in Q1 FY27?
Signet Jewelers's revenue rose $12.0M (+0.8%) from $1.5B in Q1 FY26 to $1.6B in Q1 FY27.
What drove Signet Jewelers's revenue change in Q1 FY27?
Service sales +$9.9M (+5%); Merchandise sales +$2.1M (+0.2%).