Birks & Mayors (BMJ) Reports Q4 Revenues and Same-Store Sales
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Birks & Mayors Inc. (AMEX: BMJ) reports Q4 revenues of $56.0 million compared to net sales of $49.8 million in the prior year fourth quarter.
Comparable store sales increased 8% during the fourth quarter, as compared to a 1% increase in the prior year period. Comparable store sales growth included a 14% increase in Canada and a 4% gain in the U.S.
The Company has signed a lease to open a new Mayors store in Bonita Springs, Florida which it expects to open prior to the fiscal 2006 holiday season. This new store location is just north of Naples on the West Coast of Florida. The Company has also signed a lease for a second new Mayors store location in Weston, Florida which it plans to open in the spring of 2007.
Comparable store sales increased 8% during the fourth quarter, as compared to a 1% increase in the prior year period. Comparable store sales growth included a 14% increase in Canada and a 4% gain in the U.S.
The Company has signed a lease to open a new Mayors store in Bonita Springs, Florida which it expects to open prior to the fiscal 2006 holiday season. This new store location is just north of Naples on the West Coast of Florida. The Company has also signed a lease for a second new Mayors store location in Weston, Florida which it plans to open in the spring of 2007.
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