BIRK Stock Recent News

LONDON, GB / ACCESS Newswire / February 20, 2025 / Birkenstock Holding plc ("BIRKENSTOCK", the "Company" or "we"), (NYSE:BIRK) today announces financial results for the first quarter ended December 31, 2024. The Company reports first quarter revenue growth of 19% on a reported and constant currency basis, ahead of the Company's annual guidance of 15-17%, driven by strong holiday demand for its products across all segments, channels and categories.

Birkenstock beat Wall Street expectations for first-quarter revenue on Thursday, as the German footwear maker benefited from strong holiday-driven demand for its expensive cork-based sandals and shoes.

Birkenstock sandals, which have evolved from a symbol of counterculture to a trendy fashion item, do not qualify as art and are therefore not protected by copyright, Germany's highest civil court ruled on Thursday.

Birkenstock stock is trying to break out past a buy point, but shares came under pressure Friday as peer Decker Brands plunged on earnings. The post Birkenstock Breakout Under Pressure As Deckers Plunges On Outlook appeared first on Investor's Business Daily.

Investors interested in stocks from the Shoes and Retail Apparel sector have probably already heard of Skechers (SKX) and Birkenstock (BIRK). But which of these two companies is the best option for those looking for undervalued stocks?

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.