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Birks Group (Birks Group) Operating Margin % : 0.56% (As of Sep. 2023)


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What is Birks Group Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Birks Group's Operating Income for the six months ended in Sep. 2023 was $0.4 Mil. Birks Group's Revenue for the six months ended in Sep. 2023 was $64.9 Mil. Therefore, Birks Group's Operating Margin % for the quarter that ended in Sep. 2023 was 0.56%.

The historical rank and industry rank for Birks Group's Operating Margin % or its related term are showing as below:

BGI' s Operating Margin % Range Over the Past 10 Years
Min: -9.77   Med: -2.13   Max: 2.7
Current: -1.53


BGI's Operating Margin % is ranked worse than
75.11% of 1109 companies
in the Retail - Cyclical industry
Industry Median: 3.51 vs BGI: -1.53

Birks Group's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Birks Group's Operating Income for the six months ended in Sep. 2023 was $0.4 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Sep. 2023 was $-1.9 Mil.

Warning Sign:

Birks Group Inc had lost money in 67% of the time over the past 3quarters.


Birks Group Operating Margin % Historical Data

The historical data trend for Birks Group's Operating Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Birks Group Operating Margin % Chart

Birks Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -8.20 -3.68 -1.97 2.46 -2.34

Birks Group Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Operating Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.16 1.86 -0.84 -3.78 0.56

Competitive Comparison of Birks Group's Operating Margin %

For the Luxury Goods subindustry, Birks Group's Operating Margin %, along with its competitors' market caps and Operating Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Birks Group's Operating Margin % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Birks Group's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Birks Group's Operating Margin % falls into.



Birks Group Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Birks Group's Operating Margin % for the fiscal year that ended in Mar. 2023 is calculated as

Operating Margin %=Operating Income (A: Mar. 2023 ) / Revenue (A: Mar. 2023 )
=-2.783 / 119.089
=-2.34 %

Birks Group's Operating Margin % for the quarter that ended in Sep. 2023 is calculated as

Operating Margin %=Operating Income (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=0.366 / 64.901
=0.56 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Birks Group  (AMEX:BGI) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Birks Group Operating Margin % Related Terms

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Birks Group (Birks Group) Business Description

Traded in Other Exchanges
Address
2020 Robert-Bourassa Boulevard, Suite 200, Montreal, QC, CAN, H3A 2A5
Birks Group Inc is a part of the leisure industry. The company designs, develops, produces, and retails fine jewelry, timepieces, and gifts. Its operating segment includes Retail and other. The company generates maximum revenue from the Retail segment. Its retail segment consists of retail operations whereby it operates approximately 21 stores in Canada under the Maison Birks brand, one store under the Brinkhaus brand, one store under the Graff brand, and one store under the Patek Phillippe brand. The other segment consists mainly of wholesale business, e-commerce business, and gold exchange business.

Birks Group (Birks Group) Headlines