07:35 AM EDT, 03/20/2024 (MT Newswires) -- Signet Jewelers ( SIG ) reported fiscal Q4 non-GAAP earnings Wednesday of $6.73 per diluted share, up from $5.52 a year earlier.

Analysts polled by Capital IQ expected $6.39.

Total sales for the quarter ended Feb. 3 was $2.5 billion, down from $2.67 billion a year earlier.

Analysts surveyed by Capital IQ expected $2.55 billion.

For Q1, the diamond jewelry retailer expects total sales of $1.47 billion to $1.53 billion. Analysts surveyed by Capital IQ expect $1.61 billion.

For fiscal 2025, the company expects non-GAAP earnings of $9.08 to $10.48 per diluted share on sales of $6.66 billion to $7.02 billion. Analysts surveyed by Capital IQ expect non-GAAP earnings of $10.47 on sales of $7.15 billion.

Signet shares were down more than 7% in recent Wednesday premarket activity.

Price: 95, Change: -7.46, Percent Change: -7.28