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Signet Jewelers sees FY24 EPS $11.07-$11.59, consensus $10.68
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Signet Jewelers sees FY24 EPS $11.07-$11.59, consensus $10.68

Sees FY24 revenue $7.67B-$7.84B, consensus $7.89B. Sees FY24 operating income $765M-$800M. "Our Fiscal 2024 guidance reflects confidence in our ability to deliver an annual double-digit non-GAAP operating margin despite a jewelry retail environment that we estimate will decline mid-single digits through the year," said Joan Hilson, Chief Financial, Strategy and Services Officer. "Consistent with our stated capital allocation priorities to drive shareholder returns, we have prioritized up to $200 million in capital investments, increased our quarterly common dividend to $0.23 per share as part of our commitment as a dividend growth company, and increased our share buyback program by $263 million, bringing the total remaining authorization to approximately $775 million."

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