Birks Group Inc. Common Stock (BGI)

Birks Group Inc. (the “Company”) (NYSE American LLC: BGI), announced that it received notice from the NYSE American LLC (“NYSE American”) on February 25, 2025 that the Company was not in compliance with the continued listing standards set forth in Sections 1003(a)(i) and (ii) of the NYSE American Company Guide (the “Company Guide”). Section 1003(a)(i) applies if a listed company has stockholders’ equity of less than U.S. $2.0 million and has reported losses from continuing operations and/or net losses in two of its three most recent fiscal years. Section 1003(a)(ii) applies if a listed company has stockholders’ equity of less than U.S. $4.0 million and has reported losses from continuing operations and/or net losses in three of its four most recent fiscal years. The Company reported stockholders’ deficit of approximately U.S. $(6.1) million (CAD $(8.2) million) as of September 28, 2024, and has reported net losses in two of its three most recent fiscal years ended March 30, 2024 and three of its four most recent fiscal years ended March 30, 2024. The Company is also not currently eligible for any exemption in Section 1003(a) of the Company Guide from the stockholders’ equity requirements. As a result, the Company has become subject to the procedures and requirements of Section 1009 of the Company Guide and must submit a plan to NYSE American by March 27, 2025 addressing how the Company intends to regain compliance with Section 1003(a)(i) and (ii) of the Company Guide by August 25, 2026.

Birks Group Inc. (the “Company” or “Birks Group”) (NYSE American: BGI), reported its sales results for the 8 week interim sales period ended December 28th, 2024 (the “FY2025 Holiday Period”), resulting in an increase of 4.0% in net sales as compared to the comparable period in FY2024. Comparable store sales for the FY2025 Holiday Period increased by 1.3% as compared to the corresponding period in FY2024.

Birks Group Inc. (the “Company” or “Birks Group”) (NYSE American: BGI), today reported its financial results for the twenty-six-week period ended September 28, 2024.

Birks Group Inc. (the “Company” or “Birks Group”) (NYSE American: BGI), today reported its financial results for the fiscal year ended March 30, 2024.

Birks Group Inc. (the “Company” or “Birks Group”) (NYSE American: BGI), reported its sales results for the 8 week interim sales period ended December 30th, 2023 (the “FY2024 Holiday Period”) resulting in an increase of 8.1% in net sales as compared to the same period in FY2023. Comparable store sales for the FY2024 Holiday Period increased by 3.0% as compared to the same period in FY2023.

Birks Group Inc. (the “Company” or “Birks Group”) (NYSE American: BGI), today reported its financial results for the twenty-six week period ended September 23, 2023.

Birks Group Inc. (the “Company” or “Birks Group”) (NYSE American: BGI), today reported its financial results for the fiscal year ended March 25, 2023.

Birks Group Inc. (the “Company” or “Birks Group”) (NYSE American: BGI), reported its sales results for the 9 week interim sales period ending January 1, 2023 (the “FY2023 Holiday Period”) resulting in a decrease of 3.2% in comparable store sales versus the remarkable FY2022 Holiday Period, during which the Company had recorded notable growth of 18.4% in comparable store sales. The FY2023 Holiday Period sales performance is equivalent to an increase in comparable store sales of 15.3% to the FY2020 Holiday Period, the most recent pre-COVID comparable period.

Birks Group Inc. (the “Company” or “Birks Group”) (NYSE American: BGI), today reported its financial results for the twenty-six week period ended September 24, 2022.

Birks Group Inc. (the “Company” or “Birks Group”) (NYSE American: BGI), reported its financial results for the fiscal year ended March 26, 2022.

Birks Group Inc. (the “Company”) (NYSE American: BGI), announced today that the Company is back in compliance with the NYSE American LLC (“NYSE American”) continued listing standards.

Birks Group Inc. (the “Company” or “Birks Group”) (NYSE American: BGI), reported its sales results for the 9 week interim sales period ending December 25, 2021 (the “FY2022 Holiday Period”) including a 16.3% net sales increase as compared to the comparable period in FY2021 and a 17.2% net sales increase as compared to the comparable period in FY2020.

Birks Group Inc. (the “Company” or “Birks Group”) (NYSE American: BGI) today announced that it has entered into an amended and restated senior secured revolving credit facility (“Amended Credit Facility”) with Wells Fargo Capital Finance Corporation Canada (“Wells Fargo”) and a senior secured term loan (“Amended Term Loan”) with Crystal Financial LLC (dba SLR Credit Solutions) (“SLR”). The Amended Credit Facility and Amended Term Loan extend the maturity date of the Company’s existing loans from October 2022 to December 2026.

Birks Group Inc. (the “Company” or “Birks Group”) (NYSE American: BGI), today reported its financial results for the twenty-six week period ended September 25, 2021.

Birks Group Inc. (the “Company” or “Birks Group”) (NYSE American: BGI), today provides a business update stating that as of June 30, 2021, all 29 of the Company’s retail stores across Canada are now open for in-person shopping and serving clients in accordance with the directives of local government and public health officials.

Birks Group Inc. (the “Company” or “Birks Group”) (NYSE American: BGI), today reported its financial results for the fiscal year ended March 27, 2021.