STOCK TITAN

Birks Group Inc. (NYSE: BGI) director Emilio Imbriglio resigns

(Neutral)
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Birks Group Inc. reported that director Emilio B. Imbriglio resigned from its Board of Directors for personal reasons, effective August 5, 2026. He had served as a director since 2022 and had already indicated he would not stand for re-election at the September 2026 annual shareholders meeting.

The company is a Canadian luxury jewelry and timepiece retailer operating 32 stores under brands including Maison Birks, Birks, TimeVallée, Brinkhaus, Graff, Patek Philippe, Breitling, European Boutique, Omega and Montblanc. The release also reiterates extensive forward-looking risk factors, including inflation, liquidity, foreign exchange, listing status and going-concern uncertainties.

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Retail stores operated 32 retail stores Current number of retail stores operated in Canada
Maison Birks stores 17 stores Maison Birks branded locations in major Canadian markets
Birks brand Montreal store 1 retail location Birks brand retail location in Montreal
Breitling boutiques 4 retail locations Breitling brand boutiques in Laval, Ottawa and Toronto
European Boutique stores 4 retail locations European Boutique brand locations in Toronto
Omega boutique 1 retail location Omega brand retail location in Toronto
Montblanc boutique 1 retail location Montblanc brand retail location in Toronto
forward looking statements regulatory
"This press release contains forward looking statements which can be identified"
Statements about a company’s expected future performance, plans, goals, or projections that are not historical facts and involve assumptions and estimates. Investors care because these are predictions that guide decisions but can be wrong; like a weather forecast, they help set expectations and risk — if circumstances change, actual results may differ significantly, so investors should weigh them alongside hard data and risk factors.
senior secured credit facilities financial
"availability under our senior secured credit facilities anticipated distribution"
Senior secured credit facilities are loans or lines of credit that a company borrows where lenders have first claim on specified assets if the company cannot pay back its debts. Think of it like a mortgage on a house: the bank holds the deed (collateral) and gets paid before other creditors, which usually makes the loan cheaper for the borrower. Investors watch these arrangements because they affect a company’s cost of borrowing, financial risk, and how available assets are prioritized if the company faces financial trouble.
going concern financial
"the Company’s ability to continue as a going concern"
Going concern is the accounting assumption that a company will keep operating and meeting its obligations for the foreseeable future. The phrase matters most when a company or its auditors disclose substantial doubt about it, a formal warning that the business may not have enough resources to continue without raising money, restructuring, or selling assets. That language in a filing or press release signals elevated financial risk.
Annual Report on Form 20-F regulatory
"set forth under the captions "Risk Factors" ... in the Company’s Annual Report on Form 20-F"
An annual report on Form 20-F is a standardized filing that foreign companies submit to the U.S. securities regulator to disclose their financial results, business operations, risks, and management’s discussion of performance. It matters to investors because it provides a complete, audited snapshot—like a company’s financial report card and shareholder letter combined—used to assess transparency, compare companies, and judge whether the stock’s price matches underlying business strengths and risks.
foreign exchange rates financial
"the impact of fluctuations in foreign exchange rates, increases in commodity prices"
Foreign exchange rates are the prices at which one country’s currency can be exchanged for another, like a price tag showing how many euros you get for one dollar. They matter to investors because they change the value of overseas earnings, investment returns and import/export costs — small swings can raise or cut profits and portfolio values much like a change in fuel price alters a travel budget.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What board change did Birks Group (BGI) announce in August 2026?

Birks Group announced that Emilio B. Imbriglio resigned from its Board of Directors for personal reasons, effective August 5, 2026. He had served as a director since 2022 and was not planning to stand for re-election at the September 2026 annual shareholders meeting.

Why did Emilio B. Imbriglio resign from Birks Group (BGI)'s board?

The company stated that Mr. Imbriglio tendered his resignation from the Board of Directors for personal reasons, effective August 5, 2026. No additional circumstances were described, and both the Board and Mr. Imbriglio expressed appreciation for his service and contributions.

How many retail stores does Birks Group (BGI) operate and under which brands?

Birks Group operates 32 retail stores in Canada. These include 17 Maison Birks stores plus boutiques under the Birks, TimeVallée, Brinkhaus, Graff, Patek Philippe, Breitling, European Boutique, Omega and Montblanc brands, across major metropolitan markets such as Montreal, Toronto, Vancouver, Calgary, Laval and Ottawa.

What key risks does Birks Group (BGI) highlight in its forward-looking statements disclaimer?

Key risks include inflation and interest rates, consumer discretionary spending, maintaining its NYSE American listing, liquidity and access to capital, foreign exchange and commodity price movements, store productivity, and the company’s ability to continue as a going concern, among other operational and strategic challenges.

Where can investors find more information about Birks Group (BGI)?

Investors can review Birks Group’s Annual Report on Form 20-F filed July 21, 2026 and subsequent SEC filings for detailed risks and financial information. Additional corporate and brand details are available on the company’s website at www.birksgroup.com.

Who commented on Emilio Imbriglio’s departure from Birks Group (BGI)?

Niccolò Rossi di Montelera, Executive Chairman of the Board and Interim CEO, thanked Mr. Imbriglio for his contributions and guidance. Mr. Imbriglio also issued a statement calling service on Birks Group’s Board an honour and a great pleasure.
 
 

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 August, 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

 

 
 


CONTENTS

The following documents of the Registrant are submitted herewith:

 

99.1.    Press release dated August 5, 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/ Aldo Battista
Date: August 5, 2026       Vice President and Chief Financial Officer

EXHIBIT 99.1

 

LOGO

 

     

Company Contacts:

 

Aldo Battista

Vice President and Chief Financial Officer

(514) 397-2592

 

For all press and media inquiries, please contact:

 

Press@birks.com

BIRKS GROUP ANNOUNCES A CHANGE TO ITS BOARD

Montreal, Quebec. August 5, 2026—Birks Group Inc. (the “Company” or “Birks Group”) (NYSE American: BGI) announced today that, for personal reasons, Mr. Emilio B. Imbriglio has tendered his resignation as Director of the Company, effective today. Mr. Imbriglio served on the Board of Directors of the Company since 2022 and was not going to stand for re-election at the annual shareholders meeting in September 2026.

“The Board of Directors thanks Emilio for his contributions to the Company and guidance he has provided during his tenure,“ said Niccolò Rossi di Montelera, Executive Chairman of the Board and Interim CEO. “We wish Emilio continued success in all of his future endeavours.”

“Serving on Birks Group’s Board and being able to contribute to an iconic brand has been an honour and great pleasure,” said Mr. Imbriglio.

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 currently operates 32 retail stores including 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’ website, www.birksgroup.com.


Forward Looking Statements

This press release contains forward looking statements which can be identified, for example, by their use of words such as: “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, availability under our senior secured credit facilities anticipated distribution of profits, and 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, and the impact on store traffic, tourism and sales, as well as the recently imposed 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, to 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 new 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 21, 2026 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.

Filing Exhibits & Attachments

1 document