Birks (BGI) Gross Margin (2009 - 2023)

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.