March 9, 2021
Business News

Birks Group Presents Its FY2021 Holiday Period Sales Results

MONTREAL–()–Birks Group Inc. (the “Company” or “Birks Group”) (NYSE American: BGI), today reported its sales results for the interim holiday sales period from November 1, 2020 through December 26, 2020 (the “FY2021 Holiday Period”).

For the FY2021 Holiday Period, net sales were 0.2% lower than last year, primarily due to a 1.8% decrease in comparable store sales, driven by temporary store closures due to COVID-19 restrictions in certain regions in Canada. As a result of various provincial health restrictions, seven of the Company’s 29 retail locations, including its flagship Bloor Street store in Toronto, were temporarily closed for in-person shopping for the majority of the holiday season. When…

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