Signet Jewelers sees FY25 EPS $9.08-$10.48, consensus $10.57

Sees FY25 revenue $6.66B-$7.02B, consensus $7.17B. Sees FY25 same store sales down 4.5% to up 0.5%. Sees FY25 adjusted EBITDA $780M-$865M. Sees FY25 operating income $590M-$675M. “For the fourth year in a row, our flexible operating model generated over $600 million in free cash flow in Fiscal 2024, excluding non-recurring legacy legal settlements(1), led by agile inventory management and cost discipline. Fueled by robust cash conversion, we are raising our share buyback program from approximately $650 million to $850 million, increasing our common dividend, and maintaining ample financial capacity to address maturities this fiscal year,” said Joan Hilson, Chief Financial, Strategy & Services Officer. “Our Fiscal 2025 guidance reflects the beginning of the three-year engagement recovery, investments in our strategic initiatives, and continuing cost diligence to drive operating income, including $150 million to $180 million in cost savings this year.”