Birks (BGI) Gross Margin (2009 - 2023)

Birks (BGI) posted Gross Margin of 41.07% for Q3 2023, down 2.94% sequentially from 42.32% in Q3 2022, and down 125.0% YoY from 164.28% in Q3 2022.

Birks (BGI) Gross Margin (2009 - 2023) Analysis & Trends

Birks has reported Gross Margin for 13 years, with the latest figure at 41.07% in Q3 2023.

Quarterly Gross Margin fell 125.0% year-over-year to 41.07% in Q3 2023, while the trailing twelve-month figure through Sep 2023 was 41.25% (up 22.0% YoY) and the FY2023 annual result came in at 41.71%, down 33.0% from the prior year.
Gross Margin eased to 41.07% in Q3 2023 per BGI's latest filing, from 42.32% in the prior quarter.
Over five years, Gross Margin peaked at 42.32% in Q3 2022 and troughed at 40.06% in Q3 2020.
A 4-year average of 41.17% and a median of 41.15% in 2023 frame the typical range for Gross Margin.
The sharpest annual moves came in 2021 and 2023: Gross Margin surged 117 bps in 2021, then sank 125 bps in 2023.
Over 4 years, Gross Margin stood at 40.06% in 2020, then increased by 3 bps to 41.23% in 2021, then climbed by 3 bps to 42.32% in 2022, then fell by 3 bps to 41.07% in 2023.
According to Business Quant data, Gross Margin over the past three periods registered 41.07%, 42.32%, and 41.23% for Q3 2023, Q3 2022, and Q3 2021 respectively.

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	Gross Margin (Qtr)
1	Tapestry	26.15 Bn	24.99 Bn	1.56 Bn	83.32%
2	Signet Jewelers	3.73 Bn	3.13 Bn	556.50 Mn	35.82%
3	Capri Holdings	1.87 Bn	1.73 Bn	-	-
4	TheRealReal	1.33 Bn	1.22 Bn	143.20 Mn	74.36%
5	LuxExperience B.V	1.07 Bn	703.47 Mn	329.37 Mn	45.49%
6	Movado	805.20 Mn	574.66 Mn	103.63 Mn	54.09%
7	Envela	419.96 Mn	376.52 Mn	13.38 Mn	23.56%
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	-	-

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