Company Information

  

Address: 1240 SQUARE PHILLIPS  
City: MONTREAL 
State:  
Zip Code: H3B 3H4 
Telephone: 514-397-2592 

Description of Business

Primary SIC Code: 5944
(As filed with the SEC)  

Birks Group is a leading North American prestige jewelry brand which designs, develops, produces and retails fine jewelry, timepieces, and gifts. As of May 31, 2017, Birks Group operated 46 prestige jewelry stores, 26 stores under the Birks brand, located in all major cities across Canada, 2 retail locations in Calgary and Vancouver under the Brinkhaus brand, 17 stores under the Mayors brand, located in Florida and Georgia, and 1 store under the Rolex brand name. As a prestige jeweler, most of our jewelry products are made of 18 karat gold, platinum or sterling silver, with or without precious gemstones, with significant emphasis on quality craftsmanship and distinctive design. For fiscal 2017, we had net sales of $286.9 million. Birks' predecessor company was founded in Montreal in 1879 and developed over the years into Canada's premier designer, manufacturer and retailer of fine jewelry, timepieces, sterling and plated silverware and gifts.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
03/20170.27NA5.26
03/20160.30NA1.50
03/2014-0.35NAN/E
03/20130.11NA7.64

Key Financial Ratios and Statistics

FYE: 03/25

Profitability 2017 Leverage 2017
Net Inc/Comm Equity0.06Total Liab/Total Assets0.93
Net Inc/Total Assets0.03Total Liab/Inv Cap-7.35
Net Inc/Inv Cap-0.22Total Liab/Comm Equity1.93
Pretax Inc/Net Sales0.00Interest Coverage Ratio0.96
Net Inc/Net Sales0.02Curr Debt/Equity5.72
Cash Flow/Net Sales0.03LTD/Equity2.39
SG&A/NetSales0.33Total Debt/Equity8.11
Asset Utilization   Liquidity  
Net Receivables Turnover24.06Quick Ratio0.14
Inventory Turnover1.32Current Ratio1.17
Inventory Day Sales0.00Net Rec/Curr Assets0.09
Net Sales/Work Cap13.36Inv/Curr Assets0.88
Net Sales/PP&E12.48  

Income Statement (Millions)

  3/25/2017 3/26/2016 3/28/2015 3/29/2014
Total Revenues(Net Sales) 286.92 285.83 301.64 281.17
Cost of Goods Sold 178.49 176.44 183.83 166.50
Selling & Admin Exps 94.23 91.13 103.74 105.51
Operating Income 8.33 15.51 5.30 3.73
Interest Exp 8.68 10.02 11.29 9.51
Pretax Income -0.35 5.49 -8.63 -5.78
Other Income 0.00 3.23 -2.64 0.00
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 4.93 5.44 -8.63 -5.80

Balance Sheet (Millions)

Assets 3/25/2017 3/26/2016 3/28/2015 3/29/2014
Cash & Short Term Investments 1.94 2.34 2.36 2.33
Receivables - Total 13.56 10.29 7.70 7.33
Inventories - Total 132.07 137.84 135.74 144.64
Total Current Assets 149.77 152.27 148.02 156.67
Net Property, Plant & Equipment 22.99 29.42 28.54 30.92
Total Assets 178.94 182.97 180.20 190.49
Liabilities        
Accounts Payable 55.04 55.77 52.82 44.88
Debt in Current Liabilities 73.24 68.07 69.09 78.48
Total Current Liabilities 128.29 123.84 121.91 123.36
Long-Term Debt 30.53 46.65 52.04 50.21
Total Liabilities 166.14 175.27 177.38 176.87
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock 0.00 0.00 0.00 0.00
Common Stock 69.60 69.60 69.60 69.48
Retained Earnings -73.92 -78.85 -84.29 -75.66
Treasury Stock NA NA NA NA
Total Stockholders' Equity 12.80 7.70 2.82 13.62
Total Liabilities and Stockholders' Equity 178.94 182.97 180.20 190.49

Cash Flow Summary (Millions)

Categories 3/25/2017 3/26/2016 3/28/2015 3/29/2014
Net Cash Provided by Operating Activities 7.26 4.70 10.60 -19.12
Net Cash Provided by Investing Activities -5.07 -2.44 -6.33 -6.85
Net Cash Provided by Financing Activities -2.59 -2.10 -4.06 24.63

Annual Summary Data (Millions)

Year Sales Net Income EPS
03/2013292.761.510.11
03/2014281.17-5.80-0.35
03/2015301.64-8.63--
03/2016285.835.440.30
03/2017286.924.930.27
Growth Rates-0.50----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/176570.56




Report Date : 12/4/2017

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