Birks Group Inc. shares fall 3.91% after-hours after announcing a share purchase agreement to acquire Jewellery stores in Canada.

Birks Group Inc. dropped 3.91% in after-hours trading, following the announcement of its fiscal 2025 results and a share purchase agreement to acquire Jewellery stores in Canada. The acquisition, which will be funded by an incremental loan, is subject to several conditions precedent, including third-party consents and other customary covenants.