On June 13, 2024, Signet Jewelers Limited, the world's largest retailer of diamond jewelry, reported its financial results for the first quarter of fiscal year 2025, which ended on May 4, 2024. The company announced a decrease in sales to $1.5 billion, a 9.4% drop compared to the same period in the previous fiscal year. Same store sales also declined by 8.9%. Operating income fell to $49.8 million, a significant decrease from the $101.7 million reported in the first quarter of fiscal year 2024. The diluted loss per share was $0.90, influenced by a deemed dividend related to the redemption of preferred shares. Despite the downturn, Signet reaffirmed its full-year guidance, reflecting confidence in its flexible operating model and strong balance sheet. The company also highlighted its commitment to sustainability in its latest Corporate Citizenship & Sustainability Report. A conference call was held on the same day to discuss the quarterly results and the company's outlook.

On June 13, 2024, Signet Jewelers Limited, the world's largest retailer of diamond jewelry, reported its financial results for the first quarter of fiscal year 2025, which ended on May 4, 2024. The company announced a decrease in sales to $1.5 billion, a 9.4% drop compared to the same period in the previous fiscal year. Same store sales also declined by 8.9%. Operating income fell to $49.8 million, a significant decrease from the $101.7 million reported in the first quarter of fiscal year 2024. The diluted loss per share was $0.90, influenced by a deemed dividend related to the redemption of preferred shares. Despite the downturn, Signet reaffirmed its full-year guidance, reflecting confidence in its flexible operating model and strong balance sheet. The company also highlighted its commitment to sustainability in its latest Corporate Citizenship & Sustainability Report. A conference call was held on the same day to discuss the quarterly results and the company's outlook.