Birks (BGI) Gross Margin (2009 - 2024)
Birks recorded quarterly Gross Margin of 39.02% in Q3 2024, down 5.0% quarter-over-quarter from 41.07% in Q3 2023, and down 205.0% year-over-year from 37.16% in Q3 2023.
Birks' Gross Margin history runs 14 years deep, the most recent figure standing at 39.02% for Q3 2024.
- In Q3 2024, Gross Margin fell 205.0% year-over-year to 39.02%; the TTM figure through Sep 2024 stood at 40.92% (down 33.0% YoY), while the FY2025 annual figure was 37.29%, down 241.0% from the prior year.
- Gross Margin came in at 39.02% for Q3 2024 at Birks, down from 41.07% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 42.32% in Q3 2022 to a low of 39.02% in Q3 2024.
- A 5-year average of 40.74% and a median of 41.07% in 2023 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin jumped 117 bps in 2021 and plunged 205 bps in 2024, its largest moves.
- Birks' Gross Margin stood at 40.06% in 2020, then grew by 3 bps to 41.23% in 2021, then advanced by 3 bps to 42.32% in 2022, then declined by 3 bps to 41.07% in 2023, then declined by 5 bps to 39.02% in 2024.
- According to Business Quant data, Gross Margin over the past three periods registered 39.02%, 41.07%, and 42.32% for Q3 2024, Q3 2023, and Q3 2022 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Tapestry | 28.43 Bn | 27.36 Bn | 1.48 Bn | 76.88% |
| 2 | Signet Jewelers | 3.51 Bn | 2.64 Bn | 985.10 Mn | 42.01% |
| 3 | Capri Holdings | 2.21 Bn | 2.06 Bn | 623.00 Mn | 60.78% |
| 4 | TheRealReal | 1.15 Bn | 1.03 Bn | 141.33 Mn | 74.50% |
| 5 | Movado | 835.22 Mn | 606.10 Mn | 103.63 Mn | 54.09% |
| 6 | Envela | 620.27 Mn | 581.65 Mn | 20.62 Mn | 20.96% |
| 7 | Brilliant Earth | 19.84 Mn | 21.09 Mn | 54.07 Mn | 54.34% |
| 8 | Lanvin Group Holdings | 223,892.13 | -35.01 Mn | - | - |
| 9 | LuxExperience B.V | 16,823.61 | -364.20 Mn | 329.37 Mn | 45.49% |
| 10 | Birks | - | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 28, 2024 | 39.02% |
| Sep 23, 2023 | 41.07% |
| Sep 24, 2022 | 42.32% |
| Sep 25, 2021 | 41.23% |
| Sep 26, 2020 | 40.06% |
| Sep 23, 2017 | 40.03% |
| Sep 24, 2016 | 41.01% |
| Sep 26, 2015 | 38.53% |
| Sep 27, 2014 | 39.65% |
| Sep 28, 2013 | 40.94% |
| Sep 29, 2012 | 43.18% |
| Sep 24, 2011 | 44.40% |
| Sep 25, 2010 | 42.67% |
| Sep 26, 2009 | 42.53% |
| Mar 28, 2009 | 36.12% |