Birkenstock Holding Plc

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

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.

Birkenstock reports strong Q4 earnings, eyes Asia for growth

Birkenstock Holding Plc's Q4 2024 earnings call showcased robust financial performance, with revenue growth, margin expansion, and profitability gains.
The company's strategic focus on product categories, retail expansion, and margin improvements positions it well for future growth and success.
While facing challenges such as rising raw material costs, Birkenstock has opportunities in Asian market expansion and enhanced marketing efforts.
Overall, Birkenstock's proactive approach to financial management and growth strategies bodes well for its continued success in the market.

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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.

The company has focused on expanding its retail fleet and boosting production, which squashed margins.

Birkenstock shares plunge more than 15% after sandal maker misses profit estimates

Birkenstock delivered financial results that met management's guidance, which means its guidance for the year is unchanged. The stock is expensive, and investors are taking profits.

Why Birkenstock Stock Got Knocked Down Today

Birkenstock Holding plc (NYSE:BIRK ) Q3 2024 Earnings Conference Call August 29, 2024 8:00 AM ET Company Participants Megan Kulick - Director of Investor Relations Oliver Reichert - Director and Chief Executive Officer Erik Massmann - Chief Financial Officer David Kahan - President, Americas Alexander Hoff - Vice President of Global Finance Conference Call Participants Simeon Siegel - BMO Capital Markets Laurent Vasilescu - BNP Paribas Paul Lejuez - Citibank Jay Sole - UBS Matthew Boss - JPMorgan Micheal Binetti - Evercore Mark Altschwager - Baird Sharon Zackfia - William Blair Sam Poser - Williams Trading Dana Telsey - Telsey Group Louise Singlehurst - Goldman Sachs Jim Duffy - Stifel Operator Good morning and thank you for standing by. Welcome to Birkenstock's Third Quarter Fiscal 2024 Earnings Conference Call.

Birkenstock Holding plc (BIRK) Q3 2024 Earnings Call Transcript

Birkenstock Holding PLC (NYSE:BIRK) shares traded more than 12% lower in Thursday's early deals after the designer clogs brand reported a disappointing third-quarter performance Key financials fell short of analyst expectations and margins reduced, by 220 basis points to 59.5%, with the German firm citing higher costs due to the cost of global expansion and increased production. Revenue was up 19% year-over-year to €564.8 million, slightly below the forecasted €565.2 million which was slightly less than a consensus estimate of €565.2 million.

Birkenstock shares drop as quarterly financials disappoint

Lululemon Athletica

Birkenstock tumbled after missing earnings, posting record revenue. Lululemon is set to report results Thursday morning.

Birkenstock Unravels On Earnings Miss; Lululemon Results On Deck

Birkenstock missed quarterly profit expectations on Thursday as the German sandal maker's global expansion drive and production ramp-up compressed its margins, sending its shares down 12% in premarket trading.

Birkenstock misses profit estimates as expansion plan hits margins

Here is how Birkenstock (BIRK) and Madison Square Garden Entertainment (MSGE) have performed compared to their sector so far this year.

Are Consumer Discretionary Stocks Lagging Birkenstock Holding PLC (BIRK) This Year?

Deckers Outdoor

Steven Madden

While some consumer-facing companies have faced slowdowns, the opposite has been the case for these three, regularly benefiting from snowballing demand.

Consumer Demand Melts Higher for These 3 Companies: DECK, SHOO, BIRK

Costco

Netflix

Costco stock is nearing a buy point. Netflix stock tests a buy point, while a footwear stock sits in a buy zone.

Costco, Netflix And Footwear Stock Earn Bullish Marks

Burlington Stores

Etsy

NIKE

Peloton

Royal Caribbean Cruises

Walmart

The bank detailed its picks after solid retail sales data and Walmart's earnings beat underlined the strength of the U.S. consumer.

Big-Name Investors Are Betting on Consumers. Snap Up These 7 Stocks, J.P.

With fans ranging from movie stars to the late Steve Jobs. Birkenstock looks to fashion a breakout on rising growth with earnings due.

This 2023 IPO With Roots Back To 1774 Buckles Up For A Breakout

Skechers U.S.A.

Investors looking for stocks in the Shoes and Retail Apparel sector might want to consider either Skechers (SKX) or Birkenstock (BIRK). But which of these two companies is the best option for those looking for undervalued stocks?

SKX or BIRK: Which Is the Better Value Stock Right Now?

Texas Instruments

Every year at Schaeffer's we look forward to celebrating our company's anniversary with all of you, our loyal readers and subscribers, by gifting a free report of our trader's top stock picks. The year 2024 ushered in our 43rd rotation around the sun as one of the first companies to be at the forefront of options trading.

2 Stocks to Celebrate Schaeffer's 43 Years

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.

Forget Crocs: 1 Spectacular Footwear Stock to Buy With 55% Upside, According to 1 Wall Street Analyst

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

Aflac

Eli Lilly

NetApp

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.

News for Birkenstock Holding Plc Stock (BIRK)