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An announcement from Birks & Mayors ( (BGI) ) is now available.
On September 9, 2025, Birks Group Inc. announced that its board of directors has recommended the appointment of Grant Thornton S.E.N.C.R.L. as the company’s auditors for the fiscal year ending March 28, 2026. This recommendation follows a competitive request for proposal process initiated on July 29, 2025, after KPMG LLP, the company’s auditors since 2000, issued their audit report for the fiscal year ended March 29, 2025. Shareholders are set to vote on this appointment at the annual general meeting on September 18, 2025. The decision to appoint new auditors is part of Birks Group’s strategic efforts to ensure robust financial oversight and potentially enhance its market position.
The most recent analyst rating on (BGI) stock is a Sell with a $1.00 price target. To see the full list of analyst forecasts on Birks & Mayors stock, see the BGI Stock Forecast page.
Spark’s Take on BGI Stock
According to Spark, TipRanks’ AI Analyst, BGI is a Underperform.
The overall stock score is primarily impacted by the company’s weak financial performance, characterized by negative profitability and high leverage. Technical analysis indicates a bearish trend, while valuation metrics highlight ongoing losses and lack of earnings. These factors collectively contribute to a low stock score.
To see Spark’s full report on BGI stock, click here.
More about Birks & Mayors
Birks Group Inc. is a leading designer of fine jewelry and operates luxury jewelry, timepieces, and gifts retail stores in Canada. The company operates 17 stores under the Maison Birks brand in major metropolitan markets in Canada, along with several other retail locations under various prestigious brands. Founded in 1879, Birks has established itself as Canada’s premier designer and retailer in its industry.
Average Trading Volume: 150,763
Technical Sentiment Signal: Sell
Current Market Cap: $16.48M
Learn more about BGI stock on TipRanks’ Stock Analysis page.