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.
German shoemaker Birkenstock is approaching a new buy point following this week's surge on earnings. The post Birkenstock Approaches Buy Point Despite Stock Market Sell-Off appeared first on Investor's Business Daily.
Birkenstock Holding plc (NYSE:BIRK ) Q4 2024 Earnings Conference Call December 18, 2024 8:00 AM ET Company Participants Megan Kulick - Director, Investor Relations Oliver Reichert - Director and Chief Executive Officer Erik Massmann - Chief Financial Officer Nico Bouyakhf - President, EMEA Alexander Hoff - Vice President, Global Finance David Kahan - President, Americas Klaus Baumann - Chief Sa...
Shares of sandal company Birkenstock (BIRK 5.69%) jumped on Wednesday after the company reported its financial results for its fiscal fourth quarter of 2024, capping off a strong year of growth and profitability. As of 9:45 a.m.
Shares of Birkenstock Holdings PLC (NYSE:BIRK) are up 8.8% at $61.00 at last glance, earlier as high as $62.45, after the footwear retailer posted better-than-expected fiscal fourth-quarter earnings and revenue.
Birkenstock Holdings (BIRK) posted better fourth-quarter results than analysts had expected Wednesday and outlined its expectations for its second full fiscal year as a public company, sending shares higher.
Birkenstock Holding PLC (NYSE:BIRK) shares jumped on Wednesday after the footwear maker unveiled expectation-beating results for the fourth quarter. Revenue surged by 22% to €456 million ($478 million) during the quarter, Birkenstock said on Wednesday, outdoing estimates for €439 million.
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