- Net sales increased 16.8% to $129.9 million from $111.2 million in the prior-year period;
- Comparable store sales were up 6% as compared to the prior-year period;
- Gross profit margin grew by 160 basis points over the prior-year period; and
- The net loss for the period decreased by $3.9 million or $0.35 per share to $5.6 million, or $0.49 per share, from a net loss of $9.5 million, or $0.84 per share, in the prior-year period.
Birks & Mayors Inc. (the “Company” or “Birks & Mayors”) (NYSE AMEX:BMJ), which operates 61 luxury jewelry stores across Canada, Florida and Georgia, reported results for the twenty-six week period ended September 24, 2011. For the 26 Weeks Ended September 24, 2011 compared to the 26 Weeks Ended September 25, 2010