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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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.

Birkenstock Holdings PLC's stock BIRK reached its initial public offering issue price for the first time on Wednesday, about a month and a half after hitting markets. The stock has traded in a range of $45.15 to $46.24 so far in the session.

Birkenstock's stock rises above IPO issue price for the first time

Birkenstock Holding PLC's stock BIRK is edging close to its initial public offering price after closing Tuesday at $45.38, just below the IPO issue price of $46. The iconic German sandal-maker's stock has not yet traded at that level after it went public on Oct. 11.

Birkenstock's stock closes a whisker below its IPO issue price for the first time

ARM Holdings PLC

Cava Group, Inc.

Golden Heaven Group Holdings Ltd

Johnson & Johnson

Kenvue

NEXTracker Inc

Rivian Automotive

So far in 2023, 146 companies have gone public in the U.S. markets, down 16.09% from the same time last year. Although the IPO market has been choppy amid higher interest rates and broad equity market uncertainty, the new companies as a whole have outperformed the S&P 500.

2023's most anticipated IPOs weren't always the big winners

Instacart (Maplebear Inc.)

Klaviyo, Inc. 

Neumora Therapeutics Inc

Smith Douglas Homes Corp

VinFast Auto Ltd

Waystar Holding Corp

ZEEKR Intelligent Technology Holding Ltd

The U.S. initial public offering calendar is empty this holiday-shortened week, but some recent additions to the pipeline suggest December could be livelier and welcome deals from some profitable, decent-sized companies.

IPO pipeline welcomes some profitable companies, raising hopes for a rebound

Despite giving investors a mild heart attack during the first few days of public trading, shares of Birkenstock Holding plc NYSE: BIRK have been putting in a good shift ever since. In one of the more high-profile IPOs of the year, not least because of how recognizable the brand is, the 250-year-old company went public last month and promptly fell more than 15% from its opening highs.

Analysts are going crazy for this one-month-old stock

Birkenstock Holding Ltd.'s stock rose Monday as analysts initiated coverage of the iconic German sandal maker with mostly bullish ratings now that the lockup period after its initial public offering has expired.

Birkenstock garners mostly bullish ratings after IPO but is still languishing below its issue price

Following Birkenstock's entry into the US stock market less than a month ago, UBS has started its coverage with a neutral stance, suggesting only a modest rise from the current $41.55 to a target price of $44. The German sandal brand, known for its durable footwear, listed at $46 but has seen a slight decline since its lukewarm debut in October.

Why Birkenstock shares are fairly valued

Birkenstock (NYSE: BIRK ) stock is a hot topic among traders on Monday as investors react to new coverage of the stock from Goldman Sachs. Goldman Sachs initiates coverage of BIRK stock with an “outperform” rating.

BIRK Stock Alert: Goldman Sachs Is Pounding the Table on Birkenstock

Birkenstock Holding PLC  (NYSE:BIRK ) made its market debut a little less than one month ago, opening at $41 after setting a initial public offering (IPO) price of $46.

Analysts Take Mixed Stances on Footwear Newbie

Birkenstock Holding Plc BIRK, +4.32% said Thursday it has used the proceeds from its recent initial public offering for early loan repayment, that has reduced its leverage to 2.5 times. The German sandal maker said it's committing to a long-term leverage ratio target of below 1.0 times.

Birkenstock uses IPO proceeds for early repayment of loans

Hasbro

Mattel

Birkenstocks, Sister Jane dresses, retro toys and silk pyjamas are some of this year's top Christmas gifts, research from John Lewis revealed. Whether a booming Christmas will move the dial for Birkenstock remains to be seen, but the newly listed company, up 6.3% since IPOing, could use a jump in sales to help its plans to deleverage itself.

Birkenstock, Sister Jane and Barbie: Christmas's top gifts?

Baidu

MercadoLibre

Finding the best international stocks to buy can be tricky. With a few rare exceptions, overseas markets have trailed United States.

3 Best International Stocks to Buy in 2023

Klaviyo became the latest multibillion-dollar, newly public firm to sink below its initial public offering price, joining Arm, Birkenstock and Instacart.

IPO No Go: All Four Recent Blockbuster Debuts Are Now Trading Below Debut Price

Birkenstock Holding PLC's stock BIRK, +3.41% rose 4.5% Monday, putting it on track for its first gain since it went public last week. The stock closed down 12.9% on its first day of trade to mark one of the worst debuts for a billion-dollar deal of the last decade, according to Renaissance Capital.

Birkenstock's stock up 4.5% to put it on track for first gain since IPO last week

The initial public offering of German footwear company Birkenstock Holdings Ltd. marked one of the worst debuts for a billion-dollar deal of the last decade, according to Renaissance Capital.

Birkenstock's IPO was one of the worst debuts for a billion-dollar deal in a decade

Abivax SA

Agape ATP Corp

Global Mofy Metaverse Ltd

Gamer Pakistan Inc

La Rosa Holdings Corp

Mach Natural Resources LP

Primech Holdings Ltd

Perfect Moment Ltd

Pheton Holdings Ltd

Five companies priced IPOs this week, led by Birkenstock's $1.5 billion offering. Three small issuers submitted initial filings. Birkenstock priced its IPO just below the midpoint to raise $1.5 billion at an $8.6 billion market cap, making it one of the largest consumer discretionary IPOs of the past two decades.

U.S. IPO Weekly Recap: Birkenstock Missteps In Public Debut

Birkenstock fell 12% in the first session after its IPO on Wednesday. The company has delivered strong growth over the last decade.

Birkenstock IPO: Can the Sandal-Maker Be the Next Big Footwear Stock?

Birkenstock, the sandal retailer, shares experienced a 6% decline on Thursday, intensifying losses after its lacklustre Wall Street debut the previous day. During its initial session, Birkenstock's stock plummeted over 12% from its initial public offer price of US$46, despite raising US$1.48 billion.

Birkenstock shares plummet in first days of trading

When a company goes public it's kind of like their bar mitzvah. They've reached adulthood and are ready to take responsibility for their actions.

From Birkenstock to Instacart: IPOs are in a rut

Costco

Intel

Eli Lilly

McDonald's

Stellantis N.V. 

Walgreens

The Social Security cost of living adjustment (COLA), which is tied to the rate of inflation, was a whopping 8.7% this year. It is expected to be around 3.2% for 2024.

7 Stocks to Buy With Your 2024 Social Security Increase

Shares of Birkenstock dropped 6% on Thursday, deepening losses after the German luxury sandal seller stumbled the day before in its Wall Street debut.

Birkenstock's stock loses footing in second day on Wall Street

For investors who enjoy dissecting initial public offerings (IPOs), this year has been much better than 2022. The IPO market has bounced back slightly, after all but shutting down last year.

BIRK Stock Alert: Birkenstock Falls 5% on First Full Trading Day

Birkenstock Holding Limited shares fell 12% on their public debut, still resulting in high valuations that apparently are unappealing to many investors. The company has seen impressive growth under CEO Oliver Reichert, with revenues quadrupling from 2014 to 2022. Birkenstock is a niche player in the global footwear industry, with ample growth opportunities as consumers seek healthier and better products.

Birkenstock Stock: Sandals On Sale

Birkenstock Holding PLC's stock BIRK, -4.09% fell another 3.5% on Thursday, extending the losses seen in their trading debut a day earlier. The stock closed down 12.6% on Wednesday at $40.20, well below the IPO issue price of $46.

Birkenstock's stock slides another 3.5% as post-IPO weakness persists

Birkenstock's Busted IPO Birkenstock decided to set its IPO price high and investors voted with their feet.

Shares Down 13%, Birkenstock Won't Revive The IPO Market

News for Birkenstock Holding Plc Stock (BIRK)