Birks & Mayors First Quarter Sales Up 18.8%

Highlights of Birks & Mayors’ financial statement for
the fiscal year 2011 (ended March 26) and the first quarter of fiscal year 2012
(ended June 25):

  • 1Q 2012: Net sales: $71.2 million, up 18.8 percent
  • 1Q 2012: Total comparable store sales: up 10 percent
  • 1Q 2012: Canadian comparable store sales: up 6 percent
  • 1Q 2012: U.S. comparable store sales: up 15 percent
  • FY 2011: Net sales: $270.9 million, up 6.2 percent
  • FY 2011: Total comparable store sales: up 2 percent
  • FY 2011: Canadian comparable store sales: up 2 percent
  • FY 2011: U.S. comparable store sales: up 1 percent
  • FY 2011: Net loss: $7.7 million, down from $11.7 million

For more information on Birks & Mayors’ financial
statement, click here.