Birks Group Inc. Reports Fiscal 2024 Results [Yahoo! Finance]
Birks Group Inc. (BGI)
NASDAQ:AMEX Investor Relations:
maisonbirks.com/en/investors
Company Research
Source: Yahoo! Finance
Highlights All 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 ("fiscal 2023") as a result of the sales mix favoring high-end third-party branded timepieces and jewelry. Mr. Jean-Christophe Bédos, President and Chief Executive Officer of Birks
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News
- BIRKS ANNOUNCES THE GRAND OPENING OF ITS NEW CONCEPT STORE IN ROYALMOUNT, EXCLUSIVELY FEATURING BIRKS JEWELLERY COLLECTIONS [Yahoo! Finance]Yahoo! Finance
- TimeVallée celebrates the opening of its first store in Canada [Yahoo! Finance]Yahoo! Finance
- Birks Group Inc. Reports Fiscal 2024 ResultsBusiness Wire
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