Signet Jewelers Posts 3% Q2 Growth Raises Full-Year Guidance

Signet Jewelers Ltd., the largest retailer of diamond jewelry in North America, reported strong second-quarter fiscal 2026 results driven by effective promotion strategies and an expanded on-trend fashion assortment. The company saw a 2% increase in same-store sales overall, with Kay, Zales, and Jared brands achieving a combined 5% sales growth. Adjusted operating income grew more than 20%, supported by gross margin expansion and cost savings from reorganization efforts. Reflecting these positive results and current market conditions, Signet raised its full-year sales guidance to between $6.67 billion and $6.82 billion, including assumptions of measured consumer spending and share repurchases. CEO J.K. Symancyk emphasized the focus on holiday inventory and new collections supported by refreshed marketing campaigns as key to sustaining growth. CFO Joan Hilson highlighted the company's resilience amid a competitive retail environment and a challenging tariff landscape.