Company Information

  

Address: 2020 ROBERT BOURASSA
SUITE 200 
City: MONTREAL 
State:  
Zip Code: H3A 2A5 
Telephone: 514-397-2592 

Description of Business

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

Birks Group is a leading designer of fine jewelry, timepieces and gifts and operator of luxury jewelry stores in Canada, with wholesale operations in North America and the U.K.. As of May 31, 2018, Birks Group operated 27 stores under the Birks brand in most major metropolitan markets in Canada and 2 retail locations in Calgary and Vancouver under the Brinkhaus brand. Birks fine jewelry collections are also available through select Mappin & Webb and Goldsmiths locations in the United Kingdom, in Mayors stores in the United States as well as at certain jewelry retailers across North America. For fiscal 2018, we had net sales of $114.4 million from continuing operations. 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
03/20181.55NA0.69
03/20170.27NA5.26
03/20160.30NA1.50
03/2014-0.35NAN/E
03/20130.11NA7.64

Key Financial Ratios and Statistics

FYE: 03/31

Profitability 2018 Leverage 2018
Net Inc/Comm Equity0.14Total Liab/Total Assets0.73
Net Inc/Total Assets0.13Total Liab/Inv Cap15.06
Net Inc/Inv Cap2.59Total Liab/Comm Equity0.79
Pretax Inc/Net Sales-0.15Interest Coverage Ratio-4.38
Net Inc/Net Sales0.10Curr Debt/Equity1.24
Cash Flow/Net Sales-0.26LTD/Equity0.15
SG&A/NetSales0.45Total Debt/Equity1.39
Asset Utilization   Liquidity  
Net Receivables Turnover31.03Quick Ratio0.16
Inventory Turnover1.08Current Ratio1.31
Inventory Day Sales0.00Net Rec/Curr Assets0.06
Net Sales/Work Cap6.46Inv/Curr Assets0.87
Net Sales/PP&E7.59  

Income Statement (Millions)

  3/31/2018 3/25/2017 3/26/2016 3/28/2015
Total Revenues(Net Sales) 114.38 116.44 128.65 301.64
Cost of Goods Sold 70.82 69.65 75.68 183.83
Selling & Admin Exps 51.82 47.18 48.33 103.74
Operating Income -13.66 -3.70 4.53 5.30
Interest Exp 3.12 3.36 4.30 11.29
Pretax Income -16.78 -7.06 0.23 -8.63
Other Income 0.00 0.00 3.23 -2.64
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 11.70 4.93 5.44 -8.63

Balance Sheet (Millions)

Assets 3/31/2018 3/25/2017 3/26/2016 3/28/2015
Cash & Short Term Investments 0.78 1.94 2.34 2.36
Receivables - Total 4.82 2.55 10.29 7.70
Inventories - Total 65.79 65.89 137.84 135.74
Total Current Assets 75.21 149.77 152.27 148.02
Net Property, Plant & Equipment 15.07 11.61 29.42 28.54
Total Assets 93.29 178.94 182.97 180.20
Liabilities        
Accounts Payable 26.26 23.43 55.77 52.82
Debt in Current Liabilities 31.25 47.23 68.07 69.09
Total Current Liabilities 57.52 128.29 123.84 121.91
Long-Term Debt 3.76 4.06 46.65 52.04
Total Liabilities 68.10 166.14 175.27 177.38
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 69.60
Retained Earnings -62.22 -73.92 -78.85 -84.29
Treasury Stock NA NA NA NA
Total Stockholders' Equity 25.19 12.80 7.70 2.82
Total Liabilities and Stockholders' Equity 93.29 178.94 182.97 180.20

Cash Flow Summary (Millions)

Categories 3/31/2018 3/25/2017 3/26/2016 3/28/2015
Net Cash Provided by Operating Activities -29.28 7.26 4.70 10.60
Net Cash Provided by Investing Activities 98.90 -5.07 -2.44 -6.33
Net Cash Provided by Financing Activities -70.52 -2.59 -2.10 -4.06

Annual Summary Data (Millions)

Year Sales Net Income EPS
03/2014281.17-5.80-0.35
03/2015301.64-8.63--
03/2016128.655.440.30
03/2017116.444.930.27
03/2018114.3811.701.55
Growth Rates-20.14----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional06/30/184400.40




Report Date : 9/17/2018

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