Based on ratings from 0 stock analysts, the Birks Group Inc stock price is expected to decrease by 100% in 12 months. This is calculated by using the average 12-month stock price forecast for Birks Group Inc. The lowest target is $ and the highest is $. Please note analyst price targets are not guaranteed and could be missed completely.
BGI is a stock in Consumer Cyclical which has been forecasted to be worth $ as an average. On the higher end, the forecast price is $ USD by from and on the lower end BGI is forecasted to be $ by from .
These are the latest 20 analyst ratings of BGI.
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When did it IPO
2005
Staff Count
290
Country
Canada
Sector/Industry
Consumer Cyclical/Luxury Goods
CEO
Mr. Jean-Christophe Bedos
Market Cap
$42.1M
In 2023, BGI generated $163.0M in revenue, which was a decrease of -10.14% from the previous year. This can be seen as a signal that BGI's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Birks Group Inc. reported a 13.7% sales growth and a 7.5% increase in comparable store sales for fiscal 2024, with an 8.2% rise in gross profit and positive operating income.
Why It Matters - Birks Group's strong sales growth and improved profitability indicate a healthy business trend, potentially boosting investor confidence and stock performance.
Summary - Birks Group Inc. (BGI) reported an 8.1% increase in net sales for the FY2024 Holiday Period compared to FY2023, with comparable store sales up 3.0%.
Why It Matters - Birks Group's 8.1% net sales growth signals strong consumer demand, potentially boosting investor confidence and stock performance in the retail sector.
Summary - Birks Group Inc. (BGI) reported a 9.7% increase in sales and 4.3% growth in comparable store sales for the 26-week period ending September 23, 2023, along with a 6.5% rise in gross profit.
Why It Matters - Birks Group's strong sales and profit growth signals robust operational performance, potentially enhancing investor confidence and stock valuation.
Summary - Oversold stocks in the consumer discretionary sector may offer investment opportunities in undervalued companies.
Why It Matters - Oversold stocks in consumer discretionary may indicate potential value buys, offering investors opportunities for future gains as market corrections occur.
Summary - The consumer discretionary sector has identified oversold stocks, indicating potential opportunities for investors to acquire undervalued companies.
Why It Matters - Oversold stocks in consumer discretionary suggest potential value gains, indicating a chance for investors to acquire companies at lower prices before market correction.
Summary - Birks Group Inc. reported fiscal year 2023 results with net sales of $163 million and a gross profit of $68 million, showing a 2.9% increase in comparable store sales.
Why It Matters - Birks Group's modest sales growth and declining gross profit may signal challenges in profitability, impacting investor confidence and stock performance.