XML 43 R32.htm IDEA: XBRL DOCUMENT
v3.25.2

Segment information (Tables) | 6 Months Ended
--- | ---
Aug. 02, 2025
Segment Reporting [Abstract] |
Schedule of Segment Reporting Information, By Segment | Financial information for each of Signet’s reportable segments for the 13 and 26 weeks ended August 2, 2025 and August 3, 2024 is presented in the tables below.
| 13 weeks ended August 2, 2025
(in millions) | North America |  | International |  | Other |  | Corporate and Unallocated |  | Consolidated
Sales | $ | 1,426.7 |  |  | $ | 91.8 |  |  | $ | 16.6 |  |  | $ | — |  |  | $ | 1,535.1 |
Merchandise expense | (547.6) |  |  | (39.8) |  |  | (15.7) |  |  |  |  |
Services expense | (42.9) |  |  | (2.4) |  |  |  |  |  |  |
Other cost of sales | (270.4) |  |  | (23.2) |  |  | (1.2) |  |  |  |  |
SG&A | (461.5) |  |  | (29.0) |  |  |  |  | (14.8) |  |  |
Other segment operating (expense) income, net | (0.5) |  |  | 0.5 |  |  | (0.1) |  |  | (1.1) |  |  |
Total segment operating income (loss) | $ | 103.8 |  |  | $ | (2.1) |  |  | $ | (0.4) |  |  | $ | (15.9) |  |  | $ | 85.4 |
Asset impairments (1) |  |  |  |  |  |  |  |  | (79.8) |
Restructuring and related charges (2) |  |  |  |  |  |  |  |  | (2.8) |
Interest expense, net |  |  |  |  |  |  |  |  | (0.1) |
Other non-operating income, net |  |  |  |  |  |  |  |  | 2.4 |
Income before income taxes |  |  |  |  |  |  |  |  | $ | 5.1 |
| 26 weeks ended August 2, 2025
(in millions) | North America |  | International |  | Other |  | Corporate and Unallocated |  | Consolidated
Sales | $ | 2,877.2 |  |  | $ | 171.9 |  |  | $ | 27.6 |  |  | $ | — |  |  | $ | 3,076.7 |
Merchandise expense | (1,105.0) |  |  | (74.2) |  |  | (29.5) |  |  |  |  |
Services expense | (86.3) |  |  | (4.7) |  |  |  |  |  |  |
Other cost of sales | (537.7) |  |  | (46.5) |  |  | (2.1) |  |  |  |  |
SG&A | (945.7) |  |  | (55.3) |  |  |  |  | (30.3) |  |  |
Other segment operating expense, net | (1.6) |  |  | (0.3) |  |  | (0.3) |  |  | (1.5) |  |  |
Total segment operating income (loss) | $ | 200.9 |  |  | $ | (9.1) |  |  | $ | (4.3) |  |  | $ | (31.8) |  |  | $ | 155.7 |
Asset impairments (1) |  |  |  |  |  |  |  |  | (83.0) |
Restructuring and related charges (2) |  |  |  |  |  |  |  |  | (21.8) |
Interest income, net |  |  |  |  |  |  |  |  | 0.7 |
Other non-operating expense, net |  |  |  |  |  |  |  |  | (0.9) |
Income before income taxes |  |  |  |  |  |  |  |  | $ | 50.7 |
| 13 weeks ended August 3, 2024
(in millions) | North America |  | International |  | Other |  | Corporate and Unallocated |  | Consolidated
Sales | $ | 1,397.6 |  |  | $ | 86.5 |  |  | $ | 6.9 |  |  | $ | — |  |  | $ | 1,491.0 |
Merchandise expense | (545.0) |  |  | (37.3) |  |  | (8.4) |  |  |  |  |
Services expense | (40.7) |  |  | (2.4) |  |  |  |  |  |  |
Other cost of sales | (266.4) |  |  | (23.4) |  |  | (1.1) |  |  |  |  |
SG&A | (455.1) |  |  | (25.5) |  |  |  |  | (16.9) |  |  |
Other segment operating (expense) income, net | (0.3) |  |  | 0.1 |  |  | — |  |  | — |  |  |
Total segment operating income (loss) | $ | 90.1 |  |  | $ | (2.0) |  |  | $ | (2.6) |  |  | $ | (16.9) |  |  | $ | 68.6 |
Asset impairments (1) |  |  |  |  |  |  |  |  | (166.2) |
Restructuring and related charges (2) |  |  |  |  |  |  |  |  | (1.2) |
Loss on divestitures, net (3) |  |  |  |  |  |  |  |  | (1.2) |
Integration-related expenses (4) |  |  |  |  |  |  |  |  | (0.9) |
Interest income, net |  |  |  |  |  |  |  |  | 2.4 |
Other non-operating income, net |  |  |  |  |  |  |  |  | 1.6 |
Loss before income taxes |  |  |  |  |  |  |  |  | $ | (96.9) |
| 26 weeks ended August 3, 2024
(in millions) | North America |  | International |  | Other |  | Corporate and Unallocated |  | Consolidated
Sales | $ | 2,817.6 |  |  | $ | 163.7 |  |  | $ | 20.5 |  |  | $ | — |  |  | $ | 3,001.8 |
Merchandise expense | (1,098.6) |  |  | (68.0) |  |  | (24.2) |  |  |  |  |
Services expense | (83.0) |  |  | (5.0) |  |  |  |  |  |  |
Other cost of sales | (534.2) |  |  | (48.1) |  |  | (2.0) |  |  |  |  |
SG&A | (926.7) |  |  | (52.0) |  |  |  |  | (34.0) |  |  |
Other segment operating income (expense), net | 0.2 |  |  | 0.4 |  |  | — |  |  | (0.2) |  |  |
Total segment operating income (loss) | $ | 175.3 |  |  | $ | (9.0) |  |  | $ | (5.7) |  |  | $ | (34.2) |  |  | $ | 126.4 |
Asset impairments (1) |  |  |  |  |  |  |  |  | (168.1) |
Restructuring and related charges (2) |  |  |  |  |  |  |  |  | (5.8) |
Loss on divestitures, net (3) |  |  |  |  |  |  |  |  | (2.5) |
Integration-related expenses (4) |  |  |  |  |  |  |  |  | (1.1) |
Interest income, net |  |  |  |  |  |  |  |  | 11.0 |
Other non-operating income, net |  |  |  |  |  |  |  |  | 1.8 |
Loss before income taxes |  |  |  |  |  |  |  |  | $ | (38.3) |
(1) Asset impairment charges during the 13 and 26 weeks ended August 2, 2025 and August 3, 2024 primarily related to goodwill and indefinite-lived intangibles assets. See Note 12 for additional information. (2) Restructuring and related charges during the 13 and 26 weeks ended August 2, 2025 were incurred primarily as a result of the Company’s Grow Brand Love strategy initiatives. Restructuring and related charges during the 13 and 26 weeks ended August 3, 2024 were incurred primarily as a result of the Company’s rationalization of its store footprint and reorganization of certain centralized functions. See Note 18 for additional information. (3) Includes charges associated with the previously announced divestiture of the UK prestige watch business. (4) Includes severance and retention expenses related to the integration of Blue Nile. The following tables provide the Company’s total depreciation and amortization and total capital expenditures, by reportable segment, for the 13 and 26 weeks ended August 2, 2025 and August 3, 2024:
| 13 weeks ended |  | 26 weeks ended
(in millions) | August 2, 2025 |  | August 3, 2024 |  | August 2, 2025 |  | August 3, 2024
Depreciation and amortization: |  |  |  |  |  |  |
North America segment | $ | 34.4 |  |  | $ | 34.3 |  |  | $ | 68.9 |  |  | $ | 68.3 |
International segment | 2.5 |  |  | 3.5 |  |  | 4.9 |  |  | 6.0 |
Other segment | 0.1 |  |  | 0.1 |  |  | 0.2 |  |  | 0.2 |
Total depreciation and amortization | $ | 37.0 |  |  | $ | 37.9 |  |  | $ | 74.0 |  |  | $ | 74.5 |
Capital expenditures: |  |  |  |  |  |  |
North America segment | $ | 22.4 |  |  | $ | 26.8 |  |  | $ | 57.6 |  |  | $ | 49.5 |
International segment | 1.6 |  |  | 0.8 |  |  | 3.0 |  |  | 1.3 |
Other segment | — |  |  | 0.4 |  |  | — |  |  | 0.5 |
Total capital expenditures | $ | 24.0 |  |  | $ | 28.0 |  |  | $ | 60.6 |  |  | $ | 51.3 |
The following tables provide the Company’s total assets and total long-lived assets, by reportable segment, as of August 2, 2025, February 1, 2025 and August 3, 2024:
(in millions) | August 2, 2025 |  | February 1, 2025 |  | August 3, 2024
Total assets: |  |  |  |  |
North America segment | $ | 4,727.5 |  |  | $ | 5,045.8 |  |  | $ | 5,054.3 |
International segment | 368.2 |  |  | 381.0 |  |  | 375.9 |
Other segment | 92.8 |  |  | 93.2 |  |  | 98.9 |
Corporate and unallocated | 154.3 |  |  | 206.6 |  |  | 84.7 |
Total assets | $ | 5,342.8 |  |  | $ | 5,726.6 |  |  | $ | 5,613.8 |
Total long-lived assets (1): |  |  |  |  |
North America segment | $ | 1,159.4 |  |  | $ | 1,258.0 |  |  | $ | 1,425.3 |
International segment | 35.4 |  |  | 34.7 |  |  | 32.6 |
Other segment | 2.8 |  |  | 3.0 |  |  | 3.0 |
Total long-lived assets | $ | 1,197.6 |  |  | $ | 1,295.7 |  |  | $ | 1,460.9 |
(1) Includes property, plant and equipment, net; goodwill; and intangible assets, net.

X
- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration