Birks Group Inc. reported sales results for the period from November 3, 2013 to December 28, 2013 and third quarter of fiscal 2014. During the period from November 3, 2013 to December 28, 2013 (holiday season), comparable store sales decreased by 1% on a consolidated basis compared to last year's period from November 4, 2012 through December 29, 2012. While comparable store sales in the U.S. increased by 2%, Canadian comparable store sales fell 3% compared to the prior year's holiday season. The growth in comparable store sales in the U.S. was primarily the result of the company's success in growing its average sale which more than offset a decline in store traffic.

For the third quarter of fiscal 2014, total revenues decreased 6.8% or $6.9 million, to $94.5 million, as compared to $101.4 million during the same period last year. The decrease in total revenues is primarily attributable to five fewer store locations, lower revenues related to precious metal refining services offered to customers in Canada and $3.1 million of lower reported sales due to currency translation. Comparable store sales for the third quarter remained level with the previous year as a 2% increase in comparable store sales in the U.S. was offset by a 2% decline in comparable store sales in Canada. The increase in the U.S. reflected an increase in average sale while in Canada, lower traffic resulted in a decline in comparable store sales. Overall performance in Canada during the third quarter of fiscal 2014 was negatively affected by early winter storms in December in combination with a highly promotional retail environment.