Birks (BGI) Divestments (2014 - 2023)
Birks recorded quarterly Divestments of -$4.3 million in Q3 2023, up 11.98% quarter-over-quarter from -$4.9 million in Q3 2022, and up 11.98% year-over-year from -$3.9 million in Q3 2022.
Birks' Divestments history runs 8 years deep, the most recent figure standing at -$4.3 million for Q3 2023.
- In Q3 2023, Divestments rose 11.98% year-over-year to -$4.3 million; the TTM figure through Sep 2023 stood at -$13.2 million (down 38.88% YoY), while the FY2018 annual figure was $137.3 million, up 15440.67% from the prior year.
- Divestments came in at -$4.3 million for Q3 2023 at Birks, up from -$4.9 million in the prior quarter.
- In the past five years, Divestments ranged from a high of -$1.0 million in Q3 2020 to a low of -$4.9 million in Q3 2022.
- A 4-year average of -$3.3 million and a median of -$3.6 million in 2021 frame the typical range for Divestments.
- Across the five-year window, Divestments slumped 183.63% in 2021 and increased 11.98% in 2023, its largest moves.
- Birks' Divestments stood at -$1.0 million in 2020, then slumped by 183.63% to -$2.9 million in 2021, then plunged by 70.2% to -$4.9 million in 2022, then increased by 11.98% to -$4.3 million in 2023.
- According to Business Quant data, Divestments over the past three periods registered -$4.3 million, -$4.9 million, and -$2.9 million for Q3 2023, Q3 2022, and Q3 2021 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Divestments (Qtr) |
|---|---|---|---|---|---|
| 1 | Tapestry | 28.43 Bn | 27.36 Bn | 1.48 Bn | -500,000.00 |
| 2 | Signet Jewelers | 3.51 Bn | 2.64 Bn | 985.10 Mn | - |
| 3 | Capri Holdings | 2.21 Bn | 2.06 Bn | 623.00 Mn | 1.29 Bn |
| 4 | TheRealReal | 1.15 Bn | 1.03 Bn | 141.33 Mn | - |
| 5 | Movado | 835.22 Mn | 606.10 Mn | 103.63 Mn | - |
| 6 | Envela | 620.27 Mn | 581.65 Mn | 20.62 Mn | - |
| 7 | Brilliant Earth | 19.84 Mn | 21.09 Mn | 54.07 Mn | - |
| 8 | Lanvin Group Holdings | 223,892.13 | -35.01 Mn | - | - |
| 9 | LuxExperience B.V | 16,823.61 | -364.20 Mn | 329.37 Mn | - |
| 10 | Birks | - | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 23, 2023 | -4.33 Mn |
| Sep 24, 2022 | -4.92 Mn |
| Sep 25, 2021 | -2.89 Mn |
| Sep 26, 2020 | -1.02 Mn |
| Sep 23, 2017 | -647,000.00 |
| Sep 24, 2016 | -369,000.00 |
| Sep 26, 2015 | 4.07 Bn |
| Sep 27, 2014 | -3.91 Mn |