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.

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

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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

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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.

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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

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

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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.

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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.

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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.

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Two heirs of Birkenstock are now worth $3.4 billion after the company's IPO, Bloomberg reported. The German sandal brand, long mocked as producing "ugly" shoes, has seen sales boom in recent years.

The Birkenstock brothers are worth $3.4 billion, even after the shoemaker's shares tanked at its IPO

News for Birkenstock Holding Plc Stock (BIRK)