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Signet Jewelers operating income drops £116m

The group which operates brands such as H. Samuel and Ernest Jones, saw its total sales for the year ended January 30, 2021 decline by 14.8% to $5.2bn (£3.7bn) from $6.1bn (£4.3bn) the previous year

Signet Jewelers has announced that its total operating income for the fiscal year 2020 dropped to $156.4m (£112m) from $318.3m (£228m) as a result of continuous trading disruptions from the Covid-19 pandemic.

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