BIRK Stock Recent News
BIRK LATEST HEADLINES
The U.S.-listed company now expects constant-currency revenue growth toward the high end of its guided 15% to 17% range.
LONDON, GB / ACCESS Newswire / May 15, 2025 / Birkenstock Holding plc, (together with its subsidiaries, "BIRKENSTOCK", the "Company" or "we", NYSE: BIRK) today announces financial results for the second quarter ended March 31, 2025. The Company reports second quarter revenue growth of 19%.
German footwear maker Birkenstock raised its annual revenue growth forecast on Thursday, betting on the rising popularity of its trendy styles including clogs and closed-toe silhouettes to boost demand.
Telsey Advisory Group analyst Dana Telsey reiterated the Outperform rating on Birkenstock Holding BIRK with a price forecast of $70.
Birkenstock (BIRK) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
The consensus price target hints at a 32.4% upside potential for Birkenstock (BIRK). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
UBS analysts have identified Birkenstock Holding PLC (NYSE:BIRK), Gildan Activewear (NYSE:GIL), and PVH Corp. (NYSE:PVH) as top picks in the current market, citing their strong positioning to handle ongoing tariff pressures. In a recent report, analysts highlighted these companies' ability to outperform their peers as the market remains concerned about the impact of tariffs, particularly those affecting China-based imports.
LONDON, GB / ACCESS Newswire / April 15, 2025 / Birkenstock Holding plc ("BIRKENSTOCK" or the "Company", NYSE:BIRK), announced today that the Company will report its fiscal second quarter 2025 (ended March 31, 2025) financial results on Thursday, May 15, 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 upgrade Birkenstock to a buy rating as the stock now trades at ~22x forward P/E, making it more attractive. BIRK shows resilient top-line growth across all regions and channels, with 1Q25 revenue up 19% y/y, exceeding management's FY25 guidance. The DTC strategy is gaining momentum, with plans to increase store count by ~40% and a growing membership base driving higher transaction values.
The Shoes & Retail Apparel industry thrives on innovation, demand and digital growth, benefiting NKE, ADDYY and BIRK, but faces rising costs and reinvestment challenges.