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Birks & Mayors ( (BGI) ) just unveiled an announcement.
In recent developments, Birks Group Inc. completed the acquisition of 1067830 Ontario Limited, operating four retail locations in Toronto under the European Boutique brand, for $10.8 million on July 8, 2025. The company also secured additional funding through a loan from Mangrove Holding S.A. and an incremental loan from Crystal Financial LLC to support the acquisition and working capital needs. Additionally, Birks Group is facing challenges with compliance to NYSE American LLC listing standards due to financial deficits, and has been granted an extension until August 25, 2026, to regain compliance. The company is undergoing a leadership transition as its President and CEO, Jean-Christophe Bédos, stepped down on August 29, 2025, with Niccolò Rossi di Montelera and Davide Barberis Canonico appointed as interim CEO and President, respectively.
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 of 40 reflects significant financial challenges, including negative profitability and high leverage, as well as poor valuation metrics. Technical indicators suggest mixed momentum, with potential oversold conditions. The absence of earnings call data and corporate events means these factors do not influence the score.
To see Spark’s full report on BGI stock, click here.
More about Birks & Mayors
Birks Group Inc. is a leading designer and retailer of luxury jewelry, timepieces, and gifts in Canada. The company operates 32 stores across the country under various brands, including Maison Birks, TimeVallée, Brinkhaus, Graff, Patek Philippe, Breitling, European Boutique, Omega, and Montblanc. Birks Group also has a small wholesale division, which is being wound down by the end of 2025.
Average Trading Volume: 1,090,480
Technical Sentiment Signal: Sell
Current Market Cap: $21.38M
Learn more about BGI stock on TipRanks’ Stock Analysis page.