UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE
13a-16 or 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of January, 2007
Commission file number: 001-32635
BIRKS & MAYORS INC.
(Exact name of Registrant as specified in its charter)
Not Applicable
(Translation of Registrants name into English)
Canada
(Jurisdiction of incorporation or organization)
1240 Phillips Square
Montreal Québec
Canada
H3B 3H4
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
x Form 20-F ¨ Form 40-F
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):
Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):
Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrants home country), or under the rules of the home country exchange on which the registrants securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrants security holders, and, if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.
Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
¨ Yes x No
If Yes is marked, indicated below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82-
CONTENTS
The following document of the Registrant is submitted herewith:
99.1 | Press release dated January 11, 2007 |
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
BIRKS & MAYORS INC. | ||||||
(Registrant) | ||||||
By: |
/s/ Michael Rabinovitch | |||||
Michael Rabinovitch | ||||||
Date: January 11, 2007 |
Senior Vice President and Chief Financial Officer |
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EXHIBIT INDEX
Exhibit Number |
Description | |
Exhibit 99.1 | Press release dated January 11, 2007 |
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EXHIBIT 99.1
Company Contact: | ||
Michael Rabinovitch | ||
SVP & Chief Financial Officer | ||
(954) 590-9000 | ||
Investor Contact: | ||
Integrated Corporate Relations | ||
Allison Malkin | ||
(203) 682-8225 |
BIRKS & MAYORS INC. REPORTS A 4% INCREASE IN HOLIDAY SALES
Montreal, Quebec (January 11, 2007) Birks & Mayors Inc. (AMEX: BMJ) (the Company) announced today that net sales increased 4% to $91 million during the 2006 holiday season, the period from November 5, 2006 through December 30, 2006. This compares to net sales of $87 million during last years holiday season, the period from October 30, 2005 through December 24, 2005. Comparable store sales (stores open in the same period in both the current and prior year and at constant exchange rates) increased 3% during this years holiday season. The increase in comparable store sales growth was driven by a 9% increase in comparable store sales in the Companys Canadian market, while comparable store sales in the Companys U.S. market decreased by 1% from the prior year.
Thomas A. Andruskevich, President and Chief Executive Officer commented, We are satisfied with our holiday sales results, which reflected increasing sales momentum as the holiday period progressed. Our Canadian stores performed strongly, as consumers responded favorably to our compelling merchandise assortments, superior client service and innovative marketing campaigns. As expected, our results in the U.S. were affected by the difficult economy in Florida and reduced holiday traffic in this key market. In addition, we are pleased with our post Christmas sales results to date and we believe our assortments are well positioned as we prepare for Valentines Day. We remain confident in our strategies and our ability to generate strong earnings growth in Fiscal 2007.
About Birks & Mayors Inc.
Birks & Mayors Inc. is a leading operator of luxury jewelry stores in the United States and Canada. The Company operates 39 stores (Birks Brand) across most major metropolitan markets in Canada and 29 stores (Mayors Brand) across Florida and Georgia. Birks was founded in 1879 and developed over the years into Canadas premier retailer, designer and manufacturer of fine jewelry, timepieces, sterling and plated silverware and gifts. Mayors was founded in 1910 and has maintained the intimacy of a family-owned boutique while becoming renowned for its fine jewelry, timepieces, giftware and service. Additional information can be found on Birks & Mayors web site, www.birksandmayors.com.
This press release contains certain forward-looking statements concerning expectations for strong sales, success of the Companys merchandising, marketing and retail initiatives, and continued growth. Actual results might differ materially from those projected in the forward-looking statements as they are subject to various risks and uncertainties. These risks and uncertainties include the Companys ability to maintain strong sales throughout the remainder of the fiscal year, the ability of the Company to maintain strong growth and profitability, the Companys ability to keep costs low, the Companys ability to implement its business strategy, the Companys ability to maintain relationships with its primary vendors, the Companys ability to limit its exposure to currency exchange risk and fluctuations in the availability and prices of the Companys merchandise, the Companys ability to compete with other jewelers, the success of the Companys marketing initiatives, the Companys ability to have a successful customer service program, and the Companys ability to attract and retain its key personnel. Information concerning factors that could cause actual results to differ materially are set forth in the Companys annual report on Form 20-F filed with the Securities and Exchange Commission on July 19, 2006. The Company undertakes no obligation to update or release any revisions to these forward-looking statements to reflect events or circumstances after the date of this statement or to reflect the occurrence of unanticipated events, except as required by law.
Source: Birks & Mayors Inc.
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