# Birks Grows Sales, Tightens Losses | Toronto News

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Text version: https://stenobird.com/podcast/toronto-news-today-2-min-news-the-daily-news-now-7593854/birks-grows-sales-tightens-losses-toronto-news.md
Podcast: [Toronto News Today | 2 Min News | The Daily News Now!](https://stenobird.com/podcast/toronto-news-today-2-min-news-the-daily-news-now-7593854)
Published: 2026-07-22T06:04:00+00:00
Episode link: https://sources.thednn.ai/5f26911e9fde9050
Audio file: https://api.fastcast.ai/audio/ddbed2b5-7c20-4416-972b-ab6be1f4ea39.mp3
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Duration seconds: 122

## Resource

Birks Group delivered a strong year-end performance with a 15.5% sales surge to $205.4M, fueled by their European Boutique acquisition and booming Birks-branded jewelry lines. Gross profit jumped nearly $13M to $79.2M, pushing profit margins up to 38.5%. Though they still posted a net loss of $3.4M (down from $12.8M last year), the improvement signals solid momentum. Strategic moves include new financing from Gordon Brothers and a new Vancouver store opening this fall — all pointing to a company on an upward trajectory. Listen in comfort: Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN: advertise@thednn.ai This is an automated, high-level news summary based on public reporting. Report issues to feedback@thednn.ai. View sources & latest updates: https://sources.thednn.ai/5f26911e9fde9050

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