Filing Flows › Signet Jewelers (SIG) › Q2 FY27
Signet Jewelers (SIG) Q2 FY27 earnings results (second quarter fiscal 2027)
10-Q filed Sep 9, 2026
Signet Jewelers (SIG) reported revenue of $1.5B for the second quarter fiscal 2027 (Q2 FY27), -0.5% from a year earlier and -2% from the quarter before. Operating margin was 5.7%, net earnings $52.1M (3.4% of revenue).
Signet Jewelers, Q2 FY27: revenue $1.5B (-0.5% year over year), operating margin 5.7%, net earnings $52.1M, operating cash flow $71.2M. The chart follows the revenue to costs, profit and cash.
| Q2 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.5B | -2% | -0.5% |
| Gross profit | $602M | +8% | +2% |
| Operating profit | $87.5M | +137% | 31× |
| Net earnings | $52.1M | +64% | — |
| Operating cash flow | $71.2M | — | -17% |
| Free cash flow | $30.8M | — | -51% |
What changed
Revenue was $1.5B in Q2 FY27, roughly flat year over year and down 2% from the previous quarter. Bridal was the largest line at 43% of revenue. Fashion lost $0.01B year over year (down 3%), 211% of the total change.
Gross margin was 39.4%, up 0.9 points from Q2 FY26. Operating profit was $0.09B, a 5.7% margin (up 5.5 points year over year). Operating expenses fell 13% while revenue was flat. Net earnings were $0.05B. The effective tax rate was 28.5%.
Operating cash flow was $0.07B (down 17% year over year), 137% of net earnings. Non-cash charges added back $0.04B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.03B. After capital expenditures ($0.04B), free cash flow as the company reports it was $0.03B.
Questions
What was Signet Jewelers' revenue in the second quarter fiscal 2027?
Signet Jewelers (SIG) reported revenue of $1.5B for the second quarter fiscal 2027 (Q2 FY27), -0.5% from a year earlier and -2% from the quarter before.
Was Signet Jewelers profitable in the second quarter fiscal 2027?
Operating profit was $87.5M (5.7% of revenue) and net earnings $52.1M.
Source: Signet Jewelers 10-Q on SEC EDGAR.