Birks Group Reports Fiscal 2019 Results
Birks Group Inc. (BGI)
NASDAQ:AMEX Investor Relations:
maisonbirks.com/en/investors
Company Research
Source: Business Wire
MONTREAL--(BUSINESS WIRE)--Birks Group Inc. (the “Company” or “Birks Group”) (NYSE American: BGI), today reported its financial results for the fiscal year ended March 30, 2019 (“fiscal 2019”).HighlightsAll figures presented herein are in Canadian dollars.During fiscal 2019, the Company continued to focus on the execution of its transformation plan intended to return the Company to profitability and propel it onto the path of long-term value creation for its shareholders.In fiscal 2019, the Company reported net sales of $151.0 million, an increase of $4.4 million or 3% compared to the prior fiscal year, driven by an increase in comparable store sales of 1%. The Company also reported an improvement in gross margin percentage of 80 basis points and a reduction in operating expenses of $1.5 million compared to the prior fiscal year. As planned during this period of strategic change, the Company recorded a loss from continuing operations of $18.3 million.The Company achieved several i
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BGI
Sec Filings
- 11/27/24 - Form 6-K
- 11/27/24 - Form 6-K
- 9/30/24 - Form 6-K
- BGI's page on the SEC website