Birks Group, Inc. (BGI) Q3 Comps Increase 3.5%
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Birks Group Inc. Reports an Overall Increase of 3.5% in Comparable Store Sales for the Third Quarter
January 12, 2016 8:38 AM ESTMONTREAL--(BUSINESS WIRE)-- Birks Group Inc. (the Company or Birks Group) (NYSE MKT: BGI), announced today that comparable store sales for the third quarter increased by 3.5% from the previous year reflecting a 5.9% increase in comparable store sales in Canada and a 1.4% increase in comparable stores sales in the U.S., notwithstanding the strong U.S. dollar impacting tourist spending in the U.S.
Total consolidated net sales for the third quarter were 6.6% lower than the comparable period last year. Excluding the impact of the weaker Canadian dollar, total consolidated net sales for the third... More
