Signet Jewelers Limited (SIG) Earnings Report, Financial Results, Financial analysis

Signet Jewelers Limited reported in the second quarter of 2024 net earnings per share of $1.38 a decrease by -46.51 % year on year from $2.58 and decline of -22.91 % from $1.79 earned in I. Quarter (Apr 29 2023).

*second quarter of 2024*
Earnings Per Share	Revenues
$ 1.38	$ 1,613 Mill
$-1.20 -46.51 %	$-142M -8.1 %

Signet Jewelers Limited's Revenue fell by -8.1 % in second quarter of 2024 (Jul 29 2023) year on year, to $1,613 million and declined by -3.31 % sequentially.

Signet Jewelers Limited is Expected to report next financial results on December 05, 2023.

More on SIG's Income Statement

SIG's NET INCOME

Signet Jewelers Limited's net income of $75.100 million in the second quarter of 2024 decreased by -48.35 % from net earnings of $145.400 million achieved in II. Quarter a year ago.

Sequentially net earnings fell by -22.9 % from net income of $97.400 million realized in previous quarter.

More on SIG's Growth

Signet Jewelers Limited Inventories
Inventories declined by -4.42 % to $2,093.90 million from II. Quarter a year ago, sequentially inventories fell by -4.1 %. SIG's Cash flow In thesecond quarter of 2024 company's net cash flow was $32 million, capital expenditures grew by -24.33%, to $-28 millions compare to same quarter a year ago and fell by 4.43% from I. Quarter (Apr 29 2023).

More on SIG's Cash flow Statement

Earnings quality

Signet Jewelers Limited payed out dividend of $0.73 per share in last 52 weeks representing 37.63 % of net earning per share in trailing twelve-month period.

During the same period Signet Jewelers Limited earned $ 12.15 cash per share, on a free-cash flow basis 626.06 % of net earning per share.

Book value grew by 2.44 % sequentially to $29.73 per share, 280.14% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ 8.35 per share from $ 7.77.

Company repurchased 0.20 million shares or 0.37 % in Jul 29 2023.
Interest Coverage Ratio was 3.13. Debt Coverage Ratio was 0.67.

• More on SIG's Dividends

Market Capitalization (Millions)	3,987
Shares Outstanding (Millions)	54
Total Debt (Millions $)	148
Revenue (TTM) (Millions $)	4,913
Net Income (TTM) (Millions $)	95
Cash Flow (TTM) (Millions $)	-159
Capital Exp. (TTM) (Millions $)	-136
Dividend TTM ($)	0.73 $
Dividend Yield TTM (%)	1.05 %
Employees (TTM) $	20,000

Earnings quality

Signet Jewelers Limited payed out dividend of $0.73 per share in the last 52 weeks representing 37.63 % of net earning per share in trailing twelve-month period.

During the same period Signet Jewelers Limited had $ 12.15 cash flow per share, on a free-cash flow basis 626.06 % of net earning per share.

Book value grew by 2.44 % sequentially to $29.73 per share, 280.14% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ 8.35 per share from $ 7.77.

Company repurchased 0.20 million shares or 0.37 % in Jul 29 2023.
Interest Coverage Ratio was 3.13. Debt Coverage Ratio was 0.67.

• More on SIG's Balance Sheets

Market Capitalization (Millions)	3,987
Shares Outstanding (Millions)	54
Total Debt (Millions $)	148
Revenue (TTM) (Millions $)	4,913
Net Income (TTM) (Millions $)	95
Cash Flow (TTM) (Millions $)	-159
Capital Exp. (TTM) (Millions $)	-136
Dividend TTM ($)	0.73 $
Dividend Yield TTM (%)	1.05 %
Employees (TTM) $	20,000

Signet Jewelers Limited

SIG's Financial Statements and Analysis