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Birkenstock Holding PLC has fetched renewed backing from CitiGroup analysts after announcing Ivica Krolo would become its chief financial officer. Krolo would succeed Erik Massmann next month, the sandal maker said on Tuesday.
LONDON, UK / ACCESS Newswire / January 21, 2025 / Birkenstock Holding plc ("BIRKENSTOCK", the "Company" or "we", NYSE:BIRK) has announced the appointment of Ivica Krolo as Chief Financial Officer ("CFO") of the BIRKENSTOCK Group, effective from February 1, 2025. He will succeed Dr. Erik Massmann, who will step down from his duties as of January 31, 2025.
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 stocks presents investors with the better value opportunity right now?
LONDON, UK / ACCESSWIRE / January 10, 2025 / Birkenstock Holding plc ("BIRKENSTOCK" or the "Company") (NYSE:BIRK), announced today that the Company will report its fiscal first quarter 2025 (ended December 31, 2024) financial results on Thursday, February 20, 2025 before the US market open. The Company will host a conference call and live webcast with the investment community at 8:00 a.m.
I favor "growth at a reasonable price" stocks like Birkenstock, which has seen a ~20% rise and strong Q4 results. Birkenstock's gross margins fell in FY24 due to facility expansion but are expected to improve in FY25, moving closer to long-term targets. Increased production efficiency and an 8% ASP increase are boosting Birkenstock's margins, forecasting up to 50bps y/y expansion in adjusted EBITDA.
Boosted by robust growth and solid demand, shares of Birkenstock stock have crafted a new buy point — with this positive sign. The post A Looming Breakout Is Just One Reason To Track This Hot IPO Stock appeared first on Investor's Business Daily.
Today's Big 3 turns to energy, footwear and metal ETFs. Alan Knuckman explains why he's keeping a close eye on Coterra Energy (CTRA), Birkenstock (BIRK) and the iShares Silver Trust ETF (SLV).
Overall, 2024 was a year of underperformance when it comes to retail stocks. The SPDR S&P Retail ETF NYSEARCA: XRT finished the year with a total return of just under 12%.
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 stocks is more attractive to value investors?
I assign a hold rating to Birkenstock due to limited upside potential despite strong fundamentals and positive outlook. BIRK's recent performance is impressive, with 22% y/y growth in 4Q24 and strong demand across all regions and channels. Management's conservative FY25 guidance of 15-17% y/y growth suggests potential for a "beat and raise" motion, but valuation limits upside.