Birkenstock Holding Plc

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Birkenstock reports record earnings and strategic growth opportunities ahead

Birkenstock Holding Plc delivered a strong Q2 2024 performance, with revenue growth, record EBITDA margins, and strategic market expansions.
While facing challenges in margin pressures and inventory management, the company's strengths in product segments and distribution strategies position it well for future growth.
Opportunities lie in demographic-focused expansions, international market growth, and continued product innovation to drive sustained success and market leadership.

Birkenstock reports record revenue and EBITDA in Q3 2024

Birkenstock Holding Plc (BIRK) delivered outstanding Q3 2024 results, showcasing strong revenue growth and record EBITDA. The company's strategic focus on direct distribution and in-person shopping has yielded positive outcomes across regions. With a solid financial position and growth outlook, Birkenstock is poised for continued success.

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Birkenstock Holding Plc engages in the manufacture and sale of footbed-based products. It operates through the following geographical segments: Americas, Europe, and APMA. The company was founded in 1774 and is headquartered in London, the United Kingdom.

One pandemic byproduct was the increased use of casual apparel as people stayed home. In footwear, clogmaker Crocs was a big beneficiary of this newfound popularity.

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Here is how Birkenstock (BIRK) and iPower Inc. (IPW) have performed compared to their sector so far this year.

Is Birkenstock Holding PLC (BIRK) Stock Outpacing Its Consumer Discretionary Peers This Year?

UBS has upgraded Birkenstock Holding PLC (NYSE:BIRK) to a "buy" rating, citing three key improvements for the change. First, Birkenstock's direct-to-consumer (DTC) expansion strategy has outperformed expectations, driving significant growth.

Birkenstock Holding upgraded by leading investment bank - here's why

Shares of footwear retailer  Birkenstock Holding PLC (NYSE:BIRK) are 3.9% higher at $56.51 at last glance, following a pair of bull notes.

Birkenstock Stock Rises After Bull Notes

Birkenstock Holding PLC (NYSE:BIRK) shares are set to stumble 5% lower after its major private equity shareholder offloaded a chunk of its stake. L Catterton, the private equity firm that joined forces with French fashion house LVMH to buy the German footwear brand three years ago, Birkenstock said a public offering would be made of 14 million shares, worth $836.9 million at the recent $59.78 share price, with Goldman Sachs and JPMorgan leading the sale and having a 30-day option to sell up to 2.1 million further shares if there is sufficient demand.

Birkenstock shares stumble after major shareholder sells large stake

Shares of Birkenstock Holding BIRK, -2.75% fell 3.8% after hours on Monday after the footwear maker announced the launch of a secondary public offering of 14 million shares. The offering is by an entity affiliated with L Catterton, a private-equity firm created in part by luxury-brand conglomerate LVMH that is Birkenstock's largest shareholder.

Birkenstock's biggest shareholder is selling some shares

Publicly traded since October, Birkenstock Holding PLC (NYSE:BIRK) is hitting all-time highs today, despite a downgrade from Goldman Sachs to "neutral" from "buy.

Footwear Stock Downgraded Amid Record Highs

Birkenstock stock remains a long-term hold despite a 20%+ run-up year to date. The company's Q2 earnings release showed slightly accelerating revenue growth, with continued performance in Asia and strong sell-through results in Europe. The company is also noting that closed-toe shoes, in particular clogs, are making up a larger share of its revenue.

Birkenstock: Stellar Growth In Asia And Closed-Toe Shoes

Birkenstock Holding plc NYSE: BIRK delivered a stellar earnings report, and BIRK stock continues to soar as the broader market reprices equities in anticipation of higher-for-longer interest rates amidst persistent inflation.

Birkenstock Looks Like a Fit in Any Growth-Oriented Portfolio

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Despite the market's dramatic sell-off on Friday, some stocks showed impressive strength by making new 52-week highs. While big tech led the market decline, these four stocks, Birkenstock, NetApp, Eli Lilly, and Aflac, demonstrated resilience and robust performance, along with displaying overall relative strength to the market and their respective sectors.

Four Stocks Making New Highs Despite Market Weakness

LONDON, UNITED KINGDOM / ACCESSWIRE / May 31, 2024 / Birkenstock Holding plc ("BIRKENSTOCK" or the "Company", NYSE:BIRK), today announces that senior management will participate at the following investor conferences: Baird Global Consumer, Technology & Services ConferenceDate: June 5th, 2024Presentation: 12:50 p.m. Eastern TimeLocation: New York City, NY 4th Annual Evercore ISI Consumer & Retail ConferenceDate: June 12th, 2024Presentation: 11:45 a.m.

Birkenstock Announces June Conference Participation

Birkenstock continues to grow at a double-digit rate and earn a nice profit. The company's growth is best in regions where its penetration is low, suggesting it could keep growing as it expands internationally.

Why Birkenstock Stock Hit an All-Time High Above $57 Per Share Today

Shares of Birkenstock Holding Plc (BIRK) jumped to an all-time high Thursday when the maker of fashion footwear posted record second-quarter revenue and boosted its guidance on strong demand across all its segments.

Birkenstock Hits Record High on Booming Demand

Birkenstock Holding plc (NYSE:BIRK ) Q2 2024 Earnings Call Transcript May 30, 2024 8:00 AM ET Company Participants Megan Kulick - Director of IR Oliver Reichert - Director and CEO Erik Massmann - CFO Nico Bouyakhf - President, Europe Alexander Hoff - VP of Finance David Kahan - President, Americas Klaus Baumann - CSO Conference Call Participants Matthew Boss - JPMorgan Randy Konik - Jefferies Dana Telsey - Telsey Group Sam Poser - Williams Trading Simeon Siegel - BMO Mark Altschwager - Baird Sharon Zackfia - William Blair Erwan Rambourg - HSBC Adrien Duverger - Goldman Sachs Paul Lejuez - Citibank Jesalyn Wong - Evercore Jim Duffy - Stifel Operator Good morning, and thank you for standing by. Welcome to Birkenstock's Second Quarter Fiscal 2024 Earnings Conference Call.

Birkenstock Holding plc (BIRK) Q2 2024 Earnings Call Transcript

Birkenstock, the sandal maker, opened 12% higher after it upgraded its full-year revenue and profit forecasts following strong demand and increased full-price selling. Revenues for the 2024 financial year are now expected to reach between €1.77 billion and €1.78 billion, a lift from initial guidance of between €1.74 billion and €1.76 billion.

Birkenstock rallies as its ups profits and sale guidance

Birkenstock jumped after the German shoemaker reported strong fiscal Q2 earnings and guided higher. Other footwear stocks are stepping up.

Birkenstock Nears Breakout As 'Strong Consumer Demand' Fuels Earnings

LONDON, UK / ACCESSWIRE / May 30, 2024 / Birkenstock Holding plc ("BIRKENSTOCK", the "Company" or "we"), (NYSE:BIRK) today announces financial results for the second quarter of fiscal 2024, ended March 31, 2024. The Company reports record second quarter 2024 revenue and year-over-year growth of 23% on a constant currency basis, driven by continued strong consumer demand for its products across all segments, channels and categories.

Birkenstock Reports Record Second Quarter Revenue, up 23% Y/Y, Driven by Strong Consumer Demand Across All Segments, Channels and Categories; Company Raises Full-Year Revenue Growth Guidance to 20%

Birkenstock raised its annual revenue forecast on Thursday, as the German sandal maker bets on benefits from full-price selling and strong demand for its closed-toe silhouettes and cork-based sandals.

Birkenstock raises annual revenue forecast on strong footwear demand

LONDON, UK / ACCESSWIRE / April 18, 2024 / Birkenstock Holding plc ("BIRKENSTOCK" or the "Company"), (NYSE:BIRK), announced today that the Company will report its second quarter 2024 (ended March 31, 2024) financial results on Thursday, May 30, 2024 before US market open. The Company will host a conference call and live webcast with the investment community at 8:00 a.m.

Birkenstock Announces Second Quarter 2024 (Ended March 31, 2024) Results Date and Conference Call

LONDON, UK / ACCESSWIRE / April 16, 2024 / Birkenstock Holding plc ("BIRKENSTOCK" or the "Company") (NYSE:BIRK), announced today the appointment of Megan Kulick to Director Investor Relations, effective April 15, 2024. Based in New York, Ms.

Birkenstock Announces Megan Kulick as Director Investor Relations

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Birkenstock Holdings Plc's stock tumbled 8% Thursday, after the German sandal and clog maker posted another quarterly loss in its second earnings report as a public company.

Birkenstock shares slide 8% after sandal maker posts loss in its second report as public company

Birkenstock Holding plc (BIRK) Q1 2024 Earnings Call Transcript

Birkenstock traded flat in the US premarket on Thursday as earnings slumped despite the sandal maker beating revenue guidance over the festive period. Revenues jumped 26% year-on-year to €303 million, beating out Wall Street predictions of just over €288 million, largely a result of both higher prices and increased demand in the States.

Birkenstock price hikes help drive sales beat

Birkenstock reported its holiday quarter results Thursday after it posted a record-breaking end to its last fiscal year.

News for Birkenstock Holding Plc Stock (BIRK)