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Signet Jewelers Limited reports fiscal 2023 results

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Signet Jewelers Limited, the world’s largest retailer of diamond jewelry, announced its results for the 13 weeks (“fourth quarter Fiscal 2023”) and 52 weeks (“Fiscal 2023”) ended January 28, 2023.

In fourth quarter fiscal 2023 total sales of $2.7 billion, down $145.1 million or 5.2% сompared to FY22, and up $512.9 million or 23.8% compared to FY20.

Same store sales down 9.1% to last year and up 16.4% to FY20.

Total sales for the full fiscal year 2023 amounted to $7.8 billion, up $16.1 million or 0.2% to last year, and up $1.7 billion or 27.8% to FY20.

SSS declined 6.1% versus last year and increased 18.1% compared to FY20.

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