Birks Group Inc. Reports Mid-year Fiscal 2025 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 twenty-six-week period ended September 28, 2024.HighlightsAll figures presented herein are in Canadian dollars.For the twenty-six-week period ended September 28, 2024 (“Fiscal 2025”), the Company reported net sales of $80.1 million, a decrease of $7.7 million or 8.8% from the comparable prior period ended September 23, 2023 (“Fiscal 2024”). Comparable store sales for the twenty-six-week period ended September 28, 2024, decreased by 4.9% compared to the corresponding period of Fiscal 2024. The decrease in net sales and comparable store sales is mainly due to lower sales of branded jewelry due to the exit of a brand from two stores. When excluding the third-party jewelry brand movement, the comparable store sales increased by 7.5%, mainly driven by timepiece sales. The Company reported a gross profit of $31.3 million, a decrease of $4.8 mill
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News
- Birks Group Inc. (NYSE: BGI) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- BIRKS GROUP INC. REPORTS MID-YEAR FISCAL 2025 RESULTS [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Birks Group Inc. Reports Mid-year Fiscal 2025 Results [Yahoo! Finance]Yahoo! Finance
- Birks Group Inc. (NYSE: BGI) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- Birks Group Inc. (NYSE: BGI) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
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