Signet Jewelers Ltd (NYSE:SIG) stock gained after the company reported its fiscal second-quarter 2025 earnings.
Signet reported a second-quarter sales decline of 7.6% year-on-year to $1.49 billion, missing the analyst consensus estimate of $1.50 billion. Adjusted EPS of $1.25 beat the analyst consensus estimate of $1.14.
Overall same-store sales fell 3.4% in the second quarter. North American Same-store sales for the segment decreased by 3.7% compared to last year, while the International segment same-store sales grew by 1.7%
North America segment sales amounted to $1.42 billion, a 6.9% decrease year-over-year. International sales fell 15.2% Y/Y to $86.5 million.
The gross margin of 38.0% improved by ten bps ...