Birks Group Inc. Reports Fiscal 2024 Results
Birks Group Inc. (BGI)
NASDAQ:AMEX Investor Relations:
maisonbirks.com/en/investors
Company Research
Source: Business Wire
MONTREAL, Quebec--(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, 2024.HighlightsAll figures presented herein are in Canadian dollars.For the year ended March 30, 2024 (“fiscal 2024”), the Company delivered year-over-year sales growth of 13.7%, an increase in comparable store sales of 7.5%, an improvement in gross profit of 8.2%, and reported a positive operating income. Total net sales for the fiscal year ended March 30, 2024 were $185.3 million and gross profit was $73.6 million for the same period. The increase in sales and gross profit was driven primarily from the retail sector where third-party branded watches and jewelry outperformed the same prior year period. Gross profit as a percentage of sales for the year ended March 30, 2024 was 39.7%, a decrease of 200 basis points from the gross profit as a percentage of sales of 41.7% for the year ended March 25, 2023
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BGI
Sec Filings
- 9/4/24 - Form 6-K
- 8/29/24 - Form 6-K
- 7/18/24 - Form 20-F/A
- BGI's page on the SEC website