Birks (BGI) Divestments (2014 - 2023)

Birks (BGI) posted Divestments of -$4.3 million for Q3 2023, up 11.98% sequentially from -$4.9 million in Q3 2022, and up 11.98% YoY from -$3.9 million in Q3 2022.

Birks (BGI) Divestments (2014 - 2023) Analysis & Trends

Birks has reported Divestments for 7 years, with the latest figure at -$4.3 million in Q3 2023.

  • Quarterly Divestments rose 11.98% year-over-year to -$4.3 million in Q3 2023, while the trailing twelve-month figure through Sep 2023 was -$13.2 million (down 17.69% YoY) and the FY2018 annual result came in at $137.3 million, up 15440.67% from the prior year.
  • Divestments rose to -$4.3 million in Q3 2023 per BGI's latest filing, from -$4.9 million in the prior quarter.
  • Over five years, Divestments peaked at -$1.0 million in Q3 2020 and troughed at -$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.
  • The sharpest annual moves came in 2021 and 2023: Divestments tumbled 183.63% in 2021, then rose 11.98% in 2023.
  • Over 4 years, Divestments stood at -$1.0 million in 2020, then tumbled by 183.63% to -$2.9 million in 2021, then sank by 70.2% to -$4.9 million in 2022, then rose 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 26.15 Bn 24.99 Bn 1.56 Bn -
2 Signet Jewelers 3.73 Bn 3.13 Bn 556.50 Mn -
3 Capri Holdings 1.87 Bn 1.73 Bn - -
4 TheRealReal 1.33 Bn 1.22 Bn 143.20 Mn -
5 LuxExperience B.V 1.07 Bn 703.47 Mn 329.37 Mn -
6 Movado 805.20 Mn 574.66 Mn 103.63 Mn -
7 Envela 419.96 Mn 376.52 Mn 13.38 Mn -
8 Lanvin Group Holdings 132.35 Mn 94.30 Mn - -
9 AsiaStrategy 67.74 Mn 48.66 Mn - -
10 Birks 6.58 Mn -2.17 Bn - -

Historic Data

Download Data
DateValue
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 24, 2016 -2.35 Mn
Sep 26, 2015 808,000.00
Sep 27, 2014 -3.91 Mn