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11.8% holiday sales jump at Birks Group (NYSE: BGI)

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Form Type
6-K

Rhea-AI Filing Summary

Birks Group Inc. reported strong FY2026 holiday performance, with net sales for the 8-week period ended December 27, 2025 rising 11.8% versus the prior year’s holiday period. Comparable store sales, which include e-commerce and stores open in both periods, increased 2.5%.

The overall sales growth was driven in part by the acquisition of the European Boutique luxury timepiece and jewelry stores, as well as higher sales of branded timepieces and Birks branded jewelry in both retail stores and online. Management highlighted the contribution of teams across the business and emphasized a focus on maintaining momentum and delivering strong customer service.

Positive

  • Double-digit holiday net sales growth: Net sales for the FY2026 Holiday Period increased 11.8% year over year, supported by the European Boutique acquisition and stronger branded timepieces and Birks branded jewelry sales in both retail and e-commerce channels.

Negative

  • None.

Insights

Holiday sales rose 11.8%, with modest 2.5% comparable growth driven by branded products and a recent acquisition.

Birks Group reported net sales growth of 11.8% for the FY2026 Holiday Period, with comparable store sales up 2.5% versus the prior year period. The gap between total and comparable growth reflects incremental contribution from newly acquired European Boutique stores.

Management attributes both total and comparable gains mainly to stronger demand for branded timepieces and Birks branded jewelry across retail and e-commerce channels. This underscores the importance of brand mix and digital capability in the company’s strategy.

The company also reiterates broad macro and operational risks, including inflation, consumer spending pressure, liquidity needs and its ability to maintain an exchange listing, as outlined in prior annual disclosures. Future periodic updates will clarify whether this holiday momentum carries through subsequent periods.

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

 

FORM 6-K

 

 

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE

13a-16 or 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of January, 2026

Commission file number: 001-32635

 

 

BIRKS GROUP INC.

(Translation of Registrant’s name into English)

2020 Robert Bourassa

Suite 200

Montreal, Québec

Canada

H3A 2A5

(Address of principal executive office)

 

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

☒ Form 20-F    ☐ Form 40-F

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):

Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):

Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant’s “home country”), or under the rules of the home country exchange on which the registrant’s securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant’s security holders, and, if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.

 

 
 


CONTENTS

The following document of the Registrant is submitted herewith:

 99.1  Press release dated January 29, 2026


 

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  

          BIRKS GROUP INC.

  

          (Registrant)

  

          By: /s/ Katia Fontana                    

  

            Katia Fontana

Date: January 29, 2026

  

              Vice President and Chief Financial Officer


 

EXHIBIT INDEX

 

Exhibit Number   Description

Exhibit 99.1

 

Press release dated January 29, 2026

Exhibit 99.1

 

 

 

LOGO

     Company Contacts:

     Katia Fontana

     Vice President and Chief Financial

     Officer

     (514) 397-2592

     For all press and media inquiries,

     please contact:

     Press@birks.com

BIRKS GROUP REPORTS FY2026 HOLIDAY PERIOD SALES RESULTS

Montreal, Quebec. January 29, 2026 - Birks Group Inc. (the “Company” or “Birks Group”) (NYSE American: BGI), today reported its sales results for the 8-week interim sales period ended December 27th, 2025 (the “FY2026 Holiday Period”), resulting in an increase of 11.8% in net sales as compared to the corresponding period in FY2025. Comparable store sales for the FY2026 Holiday Period increased by 2.5% as compared to the corresponding period in FY2025.

The 11.8% increase in net sales for the FY2026 Holiday Period, as compared to the corresponding period in FY2025, is attributable in part to the acquisition of the European Boutique luxury timepieces and jewelry stores as well as an increase in sales of branded timepieces and Birks branded jewelry, both in retail and in e-commerce. The 2.5% increase in comparable store sales in the FY2026 Holiday Period versus the comparable period in FY2025 was also attributable to the performance of branded timepieces and Birks branded jewelry.

Mr. Niccolò Rossi di Montelera, Executive Chairman of the Board and Interim CEO of Birks Group, commented: “Our teams have delivered good sales results this holiday period as compared to the corresponding period last year, due in part to the acquisition of the European Boutique stores but also due to our strong retail and e-commerce performances. We are focused on building on this momentum and on delivering excellence in customer service. I would like to sincerely thank all our employees for their continued hard work and dedication.”


 

Comparable Store Sales

We use comparable store sales as a key performance measure for our business. Comparable store sales include stores open in the same period in both the current and prior period. We include e-commerce sales in our comparable store sales calculations. Stores enter the comparable store calculation in their thirteenth full month of operation under our ownership. Stores that have been resized or relocated are evaluated on a case-by-case basis to determine if they are functionally the same store or a new store and then are included or excluded from comparable store sales, accordingly. Comparable store sales measure the percentage change in net sales for comparable stores in a period compared to the corresponding period in the previous year. If a comparable store is not open for the entirety of both periods, comparable store sales measure the change in net sales for the portion of time that such store was open in both periods. We believe that this measure provides meaningful information on our performance and operating results. However, readers should know that this financial measure has no standardized meaning and may not be comparable to similar measures presented by other companies.

About Birks Group Inc.

Birks Group is a leading designer of fine jewelry, and an operator of luxury jewelry, timepieces and gifts retail stores in Canada. The Company operates 17 stores under the Maison Birks brand in most major metropolitan markets in Canada, one retail location in Montreal under the Birks brand, one retail location in Montreal under the TimeVallée brand, one retail location in Calgary under the Brinkhaus brand, one retail location in Vancouver under the Graff brand, one retail location in Vancouver under the Patek Philippe brand, four retail locations in Laval, Ottawa and Toronto under the Breitling brand, four retail locations in Toronto under the European Boutique brand, one retail location in Toronto under the Omega brand and one retail location in Toronto under the Montblanc brand. Birks was founded in 1879 and has become Canada’s premier designer and retailer of fine jewelry, timepieces and gifts. Additional information can be found on Birks’ web site, www.birks.com.

Forward Looking Statements

This press release contains forward-looking statements which can be identified, for example, by their use of words like “plans,” “expects,” “believes,” “will,” “anticipates,” “intends,” “projects,” “estimates,” “could,” “would,” “may,” “planned,” “goal,” and other words of similar meaning. All statements that address expectations, possibilities or projections about the future, including without limitation, statements about anticipated economic conditions, our strategies for growth, expansion plans, sources or adequacy of capital, expenditures and financial results are forward-looking statements.

Because such statements include various risks and uncertainties, actual results might differ materially from those projected in the forward- looking statements and no assurance can be given that the Company will meet the results projected in the forward-looking statements. Accordingly, the reader should not place undue reliance on forward-looking statements. These risks and uncertainties include, but are not limited to the following: (i) heightened inflationary pressure and interest rates, a decline in consumer discretionary spending, increased


 

cost of borrowing or deterioration in consumer financial position; (ii) the Company’s ability to maintain its listing on the NYSE American or to list its securities on another national securities exchange; (iii) economic, political and market conditions, including the economies of Canada and the U.S., which could adversely affect the Company’s business, operating results or financial condition, including its revenue and profitability, through the impact of changes in the real estate markets, changes in the equity markets and decreases in consumer confidence and the related changes in consumer spending patterns, the impact on store traffic, tourism and sales as well as tariffs (and retaliatory measures), possible changes therefrom and other trade restrictions; (iv) the impact of fluctuations in foreign exchange rates, increases in commodity prices and borrowing costs, and their related impact on the Company’s costs and expenses; (v) the Company’s ability to maintain and obtain sufficient sources of liquidity to fund its operations, to achieve planned sales, gross margin and net income, to keep costs low, to implement its business strategy, maintain relationships with its primary vendors, to source raw materials, to mitigate fluctuations in the availability and prices of the Company’s merchandise, to compete with other jewelers, to succeed in its marketing initiatives (including with respect to Birks branded products), and to have a successful customer service program; (vi) the Company’s plan to evaluate the productivity of existing stores, close unproductive stores and open new stores in prime retail locations, renovate existing stores and invest in its website and e-commerce platform; (vii) the Company’s ability to execute its strategic vision; (viii) the Company’s ability to invest in and finance capital expenditures; and (ix) the Company’s ability to continue as a going concern.

Information concerning the above and other risk factors that could cause actual results to differ materially is set forth under the captions “Risk Factors” and “Operating and Financial Review and Prospects” and elsewhere in the Company’s Annual Report on Form 20-F filed with the Securities and Exchange Commission on July 25, 2025, and subsequent filings with the Securities and Exchange Commission. The Company undertakes no obligation to update or release any revisions to these forward-looking statements to reflect events or circumstances after the date of this statement or to reflect the occurrence of unanticipated events, except as required by law.

FAQ

How did Birks Group (BGI) perform in the FY2026 holiday period?

Birks Group reported an 11.8% increase in net sales for the FY2026 Holiday Period versus the prior year. Comparable store sales, including e-commerce, rose 2.5%, showing both acquisition-driven growth and underlying improvement in existing locations.

What drove Birks Group’s 11.8% FY2026 holiday net sales increase?

The 11.8% net sales increase was driven partly by the acquisition of European Boutique luxury timepiece and jewelry stores. Higher sales of branded timepieces and Birks branded jewelry, across retail stores and e-commerce, also contributed meaningfully to the year-over-year growth.

What were Birks Group’s FY2026 holiday comparable store sales results?

Comparable store sales for the FY2026 Holiday Period increased 2.5% compared to the prior year’s holiday period. This metric includes stores open in both periods and incorporates e-commerce, reflecting underlying performance excluding the impact of recently acquired locations.

How does Birks Group define comparable store sales for BGI?

Birks Group defines comparable store sales as the percentage change in net sales for stores open in the same period in both current and prior periods. Stores join the metric in their thirteenth full month under company ownership, and e-commerce sales are fully included.

What business segments supported Birks Group’s FY2026 holiday growth?

Holiday growth was supported by the European Boutique acquisition and stronger demand for branded timepieces and Birks branded jewelry. These gains came from both physical retail and e-commerce channels, underscoring the importance of luxury brands and online capabilities in its model.

What key risks does Birks Group highlight alongside its FY2026 holiday results?

Birks Group cites risks including inflation, interest rates, consumer discretionary spending, foreign exchange, commodity prices, liquidity, competition, and its ability to maintain an exchange listing. These risk factors are detailed in its Form 20-F and subsequent regulatory filings.
Birks Group

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