Signet Jewelers Ltd., the world's largest retailer of diamond jewelry, announced its first quarter Fiscal 2026 results for the 13 weeks ended May 3, 2025. The company reported a positive same store sales growth of 2.5%, surpassing expectations. The growth was attributed to strengthened offerings at key price points and enhanced assortments across its major brands, Kay, Zales, and Jared, which all experienced sequential improvement in comp sales and higher margins. For the second quarter of Fiscal 2026, Signet projects total sales between $1.47 billion and $1.51 billion, with same store sales expected to range from a decline of 1.5% to an increase of 1.0%. The adjusted operating income is forecasted to be between $53 million and $73 million, while adjusted EBITDA is expected to range from $99 million to $119 million. The company emphasized that these forecasts exclude potential non-recurring charges like restructuring or asset impairments. For the full year Fiscal 2026, the guidance is based on a measured consumer environment with anticipated variability in spending. The company plans capital expenditures between $145 million and $160 million, with a net square footage decline of 1% to flat. The annual tax rate is projected to be between 23% and 25%, including a non-cash impact from the CITA2023 Bermuda tax. Signet's outlook excludes potential effects of new tariffs or further share repurchases not yet executed. The company also highlighted its ongoing commitment to sustainability, reporting progress in its Corporate Citizenship & Sustainability initiatives, including surpassing $110 million in cumulative donations to St. Jude.