Birkenstock Holding plc (BIRK)

NYSE: BIRK · Real-Time Price · USD
50.69
-0.37 (-0.72%)
Oct 22, 2024, 4:00 PM EDT - Market closed
-0.72%
Market Cap 9.52B
Revenue (ttm) 1.85B
Net Income (ttm) 118.77M
Shares Out 187.83M
EPS (ttm) 0.63
PE Ratio 80.48
Forward PE 28.80
Dividend n/a
Ex-Dividend Date n/a
Volume 401,639
Open 50.68
Previous Close 51.06
Day's Range 50.45 - 51.20
52-Week Range 37.60 - 64.78
Beta n/a
Analysts Buy
Price Target 60.79 (+19.93%)
Earnings Date Aug 29, 2024

About BIRK

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 operates as a subsidiary of BK LC Lux MidCo S.à r.l. [Read more]

IPO Date Oct 11, 2023
Employees 6,300
Stock Exchange NYSE
Ticker Symbol BIRK
Full Company Profile

Financial Performance

In 2023, Birkenstock Holding's revenue was 1.49 billion, an increase of 20.04% compared to the previous year's 1.24 billion. Earnings were 75.02 million, a decrease of -59.91%.

Financial numbers in EUR Financial Statements

Analyst Forecast

According to 20 analysts, the average rating for BIRK stock is "Buy." The 12-month stock price forecast is $60.79, which is an increase of 19.93% from the latest price.

Price Target
$60.79
(19.93% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Birkenstock: Buy The Dip

Birkenstock shares fell over 20% post-lackluster Q2 results, but I recommend buying the dip due to strong growth prospects, especially in Asia. Despite weaker-than-expected near-term growth, Birkensto...

6 weeks ago - Seeking Alpha

Birkenstock: Stock Is Still Not Attractive After Price Drop

Birkenstock's Q3 2024 showed an impressive 19% YoY revenue growth, but the stock price dropped 20% due to a revenue and earnings miss. Despite strong performance, high valuations and fashion risk make...

6 weeks ago - Seeking Alpha

Birkenstock: Decelerating Growth And Inflated Valuations Do Not Mix Well

Birkenstock's shares trade at a very high valuation despite decelerating revenue growth, contracting gross profit margins, and insiders selling. The company's third-quarter results missed revenue and ...

7 weeks ago - Seeking Alpha

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

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

7 weeks ago - New York Post

Birkenstock Holding plc (BIRK) Q3 2024 Earnings Call Transcript

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...

7 weeks ago - Seeking Alpha

Big Beats in BBY and AFRM, DG and BIRK Shares Slide

Best Buy (BBY) and Affirm (AFRM) surprised investors, fueling rallies for both companies in the market on Thursday. On the other side of the financial see-saw, Dollar General (DG) and Birkenstock (BIR...

Other symbols: DGAFRMBBY
7 weeks ago - Schwab Network

Birkenstock misses profit estimates as expansion plan hits margins

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...

7 weeks ago - Reuters

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

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

Other symbols: BURLETSYNKEPTONRCLWMT
2 months ago - Barrons

3-Stock Lunch: Tesla, McDonald's and Birkenstock

Jerry Castellini, CastleArk Management, joins 'Power Lunch' to discuss plays for three stocks.

Other symbols: MCDTSLA
4 months ago - CNBC Television

Birkenstock's biggest shareholder is selling some shares

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 enti...

4 months ago - Market Watch

Birkenstock: Stellar Growth In Asia And Closed-Toe Shoes

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 str...

4 months ago - Seeking Alpha

How Birkenstock Became A Luxury Brand With 'Succession'-Level Drama

This week's Bloomberg Businessweek article explores how the 250-year-old German orthopedic shoe company with Succession-level family drama transformed itself into a luxury behemoth. Shares in the comp...

5 months ago - Bloomberg Markets and Finance

Birkenstock Announces June Conference Participation

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 inves...

5 months ago - Accesswire

Birkenstock Hits Record High on Booming Demand

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 al...

5 months ago - Investopedia

Birkenstock Holding plc (BIRK) Q2 2024 Earnings Call Transcript

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 ...

5 months ago - Seeking Alpha

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%

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 Marc...

5 months ago - Accesswire

Birkenstock raises annual revenue forecast on strong footwear demand

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.

5 months ago - Reuters

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

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, ...

6 months ago - Accesswire

Birkenstock Announces Megan Kulick as Director Investor Relations

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, effecti...

6 months ago - Accesswire

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

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.

8 months ago - Market Watch

Birkenstock Holding plc (BIRK) Q1 2024 Earnings Call Transcript

Birkenstock Holding plc (BIRK) Q1 2024 Earnings Call Transcript

8 months ago - Seeking Alpha

Newly listed Birkenstock beats revenue expectations on higher pricing, U.S. demand

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

8 months ago - CNBC

Birkenstock Reports Record First Quarter 2024 Revenue, up 26%

LONDON, UK / ACCESSWIRE / February 29, 2024 / BIRKENSTOCK (NYSE:BIRK) will host a call to discuss fiscal first quarter 2024 results on February 29, 2024, at 8:00 a.m. Eastern Time (1:00 p.m.

8 months ago - Accesswire

Birkenstock beats revenue estimates on robust demand, higher prices

Birkenstock beat market expectations for first-quarter revenue on Thursday, as the German sandal maker gained from the full-price selling of its footwear and rising U.S. demand for more casual cork-ba...

8 months ago - Reuters

Birkenstock: Right Time To Buy

Birkenstock, the German shoemaker, is experiencing incredible growth with a multi-year trajectory above 20% y/y. Future growth drivers include relatively low penetration in Asian markets as well as re...

9 months ago - Seeking Alpha