Streetbeat News

BIRK

Birkenstock Holding plc

Industry

Apparel - Footwear & Accessories

Birkenstock Holding plc manufactures and sells footwear products. It also offers sandals, shoes, closed-toe silhouettes, skincare products, and accessories. The company sells its products through e-commerce sites and a network of owned retail stores, as well as business-to-business channels. It operates in the United States, Brazil, Canada, Mexico, Europe, APMA, and internationally. Birkenstock Holding plc was founded in 1774 and is based in London, the United Kingdom. Birkenstock Holding plc is a subsidiary of BK LC Lux MidCo S.à r.l.

Open

53.21

Mkt cap

9.7B

Volume

2.1M

High

53.93

P/E Ratio

42.46

52-wk high

64.78

Low

51.70

Div yield

N/A

52-wk low

41.00

Birkenstock's recent share price dip is seen as a buying opportunity due to its strong growth, high margins, and expansion in Asia. The company maintains a ~20% growth CAGR and ~60% gross margins. Despite a conservative FY25 outlook, Q1 results showed 19% y/y revenue growth.

Portfolio Pulse from

February 23, 2025 | 11:00 am

Birkenstock Holding plc reported a 19% YOY revenue growth, but the market reacted negatively due to maintained full-year guidance of 15%-17%, indicating potential deceleration. Wholesale growth was strong, but concerns about market saturation and slowing DTC growth were noted.

Portfolio Pulse from

February 21, 2025 | 10:00 pm

Birkenstock, a German footwear brand, reported stronger-than-expected sales for its fiscal first quarter due to high holiday demand and the popularity of its closed-toe clogs. Despite this, the stock price of Birkenstock has slumped.

Portfolio Pulse from

February 20, 2025 | 9:00 pm

Birkenstock Holding plc (NYSE:BIRK) held its Q1 2025 earnings conference call, discussing financial performance and management changes. Key participants included executives and analysts from major financial institutions.

Portfolio Pulse from

February 20, 2025 | 7:15 pm

Birkenstock (BIRK) reported Q1 earnings of $0.19 per share, surpassing the Zacks Consensus Estimate of $0.16. This marks a significant improvement from $0.09 per share a year ago.

Portfolio Pulse from

February 20, 2025 | 1:30 pm

Birkenstock reported a profit beat despite a revenue shortfall, attributed to strong growth in a key geographic region. The company raised prices but still faced challenges in meeting revenue expectations.

Portfolio Pulse from

February 20, 2025 | 12:30 pm

Birkenstock Holding plc (NYSE:BIRK) reported a 19% increase in revenues for the fiscal first quarter of 2025, surpassing its annual guidance of 15-17%. This growth was driven by strong holiday demand across all segments.

Portfolio Pulse from

February 20, 2025 | 10:30 am

Birkenstock Holding PLC has received renewed support from CitiGroup analysts following the announcement of Ivica Krolo as the new CFO, succeeding Erik Massmann.

Portfolio Pulse from

January 22, 2025 | 5:00 pm

Ivica Krolo has been appointed as the new CFO of Birkenstock Holding plc, effective February 1, 2025, succeeding Dr. Erik Massmann. This leadership change may impact the company's financial strategies and operations.

Portfolio Pulse from

January 21, 2025 | 12:30 pm

Birkenstock Holding plc (NYSE:BIRK) will release its fiscal first quarter 2025 financial results on February 20, 2025, before the US market opens. A conference call and webcast will follow at 8:00 a.m.

Portfolio Pulse from

January 10, 2025 | 11:45 am

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