Growth Metrics

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

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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 23, 2017 -647,000.00
Sep 24, 2016 -369,000.00
Sep 26, 2015 4.07 Bn
Sep 27, 2014 -3.91 Mn