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Birks & Mayors
(NYSE MKT:BGI)
Birks & Mayors (BGI) vs. SPDR S&P 500 ETF (SPY)
Birks & Mayors Business Overview & Revenue Model
Birks & Mayors Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 177.58M | 177.81M | 185.28M | 162.95M | 181.34M | 143.07M |
| Gross Profit | 68.75M | 66.31M | 73.56M | 67.96M | 76.22M | 56.35M |
| EBITDA | 7.67M | 2.20M | 7.85M | 1.86M | 10.28M | 2.64M |
| Net Income | -6.23M | -12.82M | -4.63M | -7.43M | -1.90M | -8.86M |
Balance Sheet | ||||||
| Total Assets | 193.05M | 196.08M | 203.27M | 196.98M | 183.26M | 201.68M |
| Cash, Cash Equivalents and Short-Term Investments | 1.79M | 1.51M | 1.78M | 1.26M | 2.01M | 1.81M |
| Total Debt | 145.79M | 145.42M | 156.62M | 151.95M | 140.38M | 152.42M |
| Total Liabilities | 201.27M | 214.09M | 208.42M | 197.58M | 177.40M | 203.10M |
| Stockholders Equity | -8.23M | -18.01M | -5.15M | -603.00K | 5.86M | -1.42M |
Cash Flow | ||||||
| Free Cash Flow | -11.42M | -9.46M | -7.41M | -16.34M | 12.84M | -4.71M |
| Operating Cash Flow | -4.10M | -1.91M | -170.00K | -6.92M | 18.65M | -1.72M |
| Investing Cash Flow | -7.90M | -7.55M | -7.24M | -9.41M | -5.81M | -2.99M |
| Financing Cash Flow | 11.80M | 9.19M | 7.93M | 15.59M | -12.63M | 5.96M |
Birks & Mayors Technical Analysis
Birks & Mayors Risk Analysis
Birks & Mayors Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
75 Outperform | 3.93B | 31.95 | 7.64% | 1.27% | -1.63% | -72.22% | |
73 Outperform | 202.79M | 23.81 | 14.77% | ― | 25.43% | 33.93% | |
71 Outperform | 296.08M | 24.16 | 3.30% | 7.42% | -0.65% | -51.59% | |
66 Neutral | 212.97M | -7.57 | 8941.84% | 23.42% | -4.32% | -144.96% | |
56 Neutral | 146.30M | -2.43 | -14.73% | ― | -15.35% | 61.40% | |
41 Neutral | $22.34M | ― | 89.94% | ― | -7.08% | -162.35% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% |
Birks & Mayors Corporate Events
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.
On August 29, 2025, Birks Group Inc. submitted its Annual Report for 2025 and a report under the Fighting Against Forced Labour and Child Labour in Supply Chains Act for the fiscal year ending March 29, 2025. These submissions highlight the company’s commitment to transparency and ethical practices in its operations and supply chain, potentially influencing its reputation and stakeholder trust.
On August 26, 2025, Birks Group Inc. announced the resignation of Jean-Christophe Bédos as President, CEO, and Director, effective August 29, 2025. He will continue to serve in an advisory role during the leadership transition. Niccolò Rossi di Montelera has been appointed as Interim CEO, while Davide Barberis Canonico will serve as Interim President and COO. This leadership change is part of the company’s strategy to reposition itself for stability and growth. Bédos will receive severance payments and has entered a consulting agreement with the company. The transition is seen as a step towards refocusing the company’s priorities and ensuring a smooth operational shift.
Birks Group Inc. announced its upcoming Annual Meeting of Shareholders scheduled for September 18, 2025, at the Saint-James Club in Montreal, Québec. The meeting will address several key agenda items, including the election of a board of six directors, the approval of auditors, and the presentation of the company’s consolidated financial statements for the fiscal year ended March 29, 2025. Shareholders are encouraged to participate either in person or by proxy to ensure their shares are represented. This meeting is a significant event for the company’s governance and future strategic direction.
Birks Group Inc. reported its fiscal 2025 results, noting a decrease in net sales to $177.8 million, down 4% from the previous year, primarily due to the exit of a jewelry brand from two stores. Despite the decline, comparable store sales increased by 6.9% when excluding the third-party jewelry brand movement, driven by strong timepiece sales. The company opened two new stores and benefited from previous renovations, positioning itself for future growth. However, the fiscal year ended with a net loss of $12.8 million, impacted by decreased sales volume, foreign exchange losses, and increased interest costs.
On July 8, 2025, Birks Group Inc. announced the completion of its acquisition of the luxury watch and jewellery business of European Boutique for $9 million. This acquisition includes four multi-brand luxury stores and three mono-brand boutiques in the Greater Toronto Area, as well as a national e-commerce platform. The acquisition is expected to enhance Birks’ market presence and complement its existing offerings. Additionally, Birks secured a $13.5 million term loan from SLR Credit Solutions and a $3.75 million loan from Mangrove Holding S.A. to finance the acquisition and support working capital, reflecting the company’s strategic growth initiatives.