Company Analysis

Birks Group Inc (BGI)

OTC: BGI · Retail-Jewelry Stores · Montreal, QC · filing with the SEC since 2002
Grade4.1
◀ Past 5.9● Present 3.4▶ Future 3.6
2 est.

The grade of Birks Group Inc

Nine metrics read from its own filings, by tense
Headline grade
4.1/10
◀ Past5.925% of the headline
● Present3.445% of the headline
▶ Future3.630% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 7 read as filed from the record and 2 are SI estimates, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

5.9/1025% of the headline grade · 2 of 3 filed, 1 estimated

Surviving crises

as filed
7.5/10

Has it survived what it has been through?

No warning events in its filings since 2017.

weight 45% of this tense · 75th percentile among 18 sector filers · read for itself

From the record

Birks Group Inc's filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
4.4/10

What has it actually done, year after year?

+1.9% a year over 9 filed years; profitable in 3 of 9.

weight 33% of this tense · 44th percentile among 16 sector filers · read for its customers

From the record

Birks Group Inc's 9 filed years say what it did: revenue went from $153 million in fiscal 2017 to $178 million in fiscal 2025, up 1.9% a year; it rose in 4 of 8 years; the deepest fall was 16% from fiscal 2020 to fiscal 2021; net income was positive in 3 of 9 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span1.9%bottom 41% of its family
  • the share of years revenue rosebottom 28% of its family
  • the share of filed years with a profitbottom 34% of its family
  • the deepest fall from a revenue peak15.6%top 28% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

SI estimate
5.0/10

How has it treated the people who own it?

SI estimate 5.0/10, confidence 35 of 100 (one part).

weight 22% of this tense · 50th percentile among 18 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
Read from one part only, the share count over the years, which ranks in the top 50% of 18 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
What the record cannot read
Fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
How it was reasoned
one part: the share count over the years, the one part on file, ranked among 18 in its family.
Confidence
35 of 100
What would change it
A filing that carries the missing parts replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Birks Group Inc's shareholder treatment is put at 5.0 of 10 with a confidence of 35 of 100, because read from one part only, the share count over the years, which ranks in the top 50% of 18 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income. A filing that carries the missing parts replaces this estimate with the filed reading.

● Present

What are they doing right now?

3.4/1045% of the headline grade · 2 of 3 filed, 1 estimated

Financial health

as filed
2.8/10

Is it financially healthy right now?

Leverage 109%: owes 109¢ per asset dollar.

weight 45% of this tense · 28th percentile among 18 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-03-29, Birks Group Inc's shareholders' equity was below zero, so the profit on it is not read, and gross profitability: its products earned about 34 cents per dollar of everything the company owns. Leverage: it owed about 109 cents per dollar of assets, and net share issuance: its share count grew 1.6% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetsbottom 8% of its family
  • gross profit against assetsbottom 32% of its family
  • the share count against the year beforebottom 44% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
3.0/10

How strong is its position in its industry?

bottom 30% of 18 in its family; net margin -7.2%.

weight 33% of this tense · 30th percentile among 18 sector filers · read for its customers

From the record

Birks Group Inc's standing among 18 graded names in its industry family: revenue of $178 million in fiscal 2025 ranks in the bottom 28% by size; a net margin of -7.2% ranks in the bottom 8%; revenue growth of -0.7% a year over the last 3 filed years ranks in the top 47% (its annual reports).

What it rests on

  • revenue against the family$178Mbottom 28% of its family
  • net margin-7.2%bottom 8% of its family
  • three-year revenue growth-0.7%top 47% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

SI estimate
5.1/10

What are the people in charge doing?

SI estimate 5.1/10, confidence 20 of 100 (family median).

weight 22% of this tense · 50th percentile among 12 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
It files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-03-12 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 8 months and cannot see past it; a floor under five years is not read as years in charge, so the desk assumes the typical reading of its industry family, the median of 12 members with one.
What the record cannot read
It files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-03-12 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 8 months and cannot see past it; a floor under five years is not read as years in charge.
How it was reasoned
family median, 12 readings behind it.
Confidence
20 of 100
What would change it
Its next annual report on file with the inputs replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Birks Group Inc's leadership is put at 5.1 of 10 with a confidence of 20 of 100, because it files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-03-12 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 8 months and cannot see past it; a floor under five years is not read as years in charge, so the desk assumes the typical reading of its industry family, the median of 12 members with one. Its next annual report on file with the inputs replaces this estimate with the filed reading.

▶ Future

What are they set up to do next?

3.6/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
3.4/10

How much room does it have to grow?

bottom 34% of 18 in its family for room to expand.

weight 22% of this tense · 34th percentile among 18 sector filers · read for itself

From the record

Birks Group Inc's room to grow, from the newest filed statements (fiscal 2025): cash of $2 million against debt of $21 million leaves -10.1% of its assets as net cash, bottom 8% of its family; cash from operations less capital spending is -5% of revenue (bottom 19%); a gross margin of 37.3% (top 26%) (its annual report).

What it rests on

  • cash less debt against assets-10.1%bottom 8% of its family
  • cash from operations less capital spending against revenue-5.0%bottom 19% of its family
  • gross margin37.3%top 26% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
4.9/10

What could actually drive growth from here?

bottom 49% of 16 in its family for growth drivers.

weight 45% of this tense · 49th percentile among 16 sector filers · read for its customers

From the record

Birks Group Inc's growth drivers, from the filed years to fiscal 2025: revenue grew -0.7% a year over the last three filed years against 1.9% over all 9, slowing (top 47% of its family); the newest year grew -4% (bottom 28%); capital spending grew 14.9% a year (top 34%) (its annual reports). Birks Group Inc reported 2 lines of business in fiscal 2025: Retail at $167 million, All Other at $11 million. 0 of 2 grew in the latest filed year, and the largest line is 94% of revenue (its annual report).

What it rests on

  • three-year growth against the whole span-2.5 points a yeartop 47% of its family
  • the newest year's revenue growth-4.0%bottom 28% of its family
  • three-year growth of capital spending14.9%top 34% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
2.1/10

Did its newest year beat what its own record pointed to?

bottom 21% of 15 in its family for expectations against reality.

weight 33% of this tense · 21st percentile among 15 sector filers · read for its shareholders

From the record

Birks Group Inc's newest year against its own record: revenue of $178 million in fiscal 2025 came in 5% below the $187 million its prior three years' pace pointed to (bottom 30% of its family); net income of $13 million against a prior three-year average of $4 million (bottom 17%); a net margin of -7.2% against -2.1% before (bottom 17%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace-5.0%bottom 30% of its family
  • net income against the prior three years' average-257%bottom 17% of its family
  • net margin against its prior average-5.1 pointsbottom 17% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton BGI · research, not advice