Birkenstock sandals are pieces of design, not art, court finds
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 Breakout Under Pressure As Deckers Plunges On Outlook
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.
Birkenstock fetches Citi backing under new chief financial officer
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.
Birkenstock Announces First Quarter 2025 (Ended December 31, 2024) Results Date and Conference Call and January Conference Participation
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.
Birkenstock: There's Still Room To Rise As ASP Expansion And China Growth Power Earnings
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.
A Looming Breakout Is Just One Reason To Track This Hot IPO Stock
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.
Birkenstock: Upside Is Not Attractive At The Current Valuation
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.
Birkenstock Approaches Buy Point Despite Stock Market Sell-Off
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 price target lowered to $57.90 from $59.10 at Goldman Sachs
Goldman Sachs lowered the firm's price target on Birkenstock to $57.90 from $59.10 and keeps a Neutral rating on the shares. The company reported "robust" Q4 earnings that confirm its strong brand momentum, while margins surprised positively and drove earlier operating leverage vs. prior expectations, the analyst tells investors in a research note. The firm adds however that it will continue to monitor channel feedback with the view that the next potential catalyst will be the performance in the seasonally largest periods of the year, also noting that the management's outlook for FY25 was "modestly light".
Birkenstock's High-end Lifestyle Positioning Provides Competitive Edge That Is Difficult To Replicate: Analyst
Telsey Advisory Group analyst Dana Telsey reiterated the Outperform rating on Birkenstock Holding plc BIRK with a price forecast of $70.
Top 3 Consumer Stocks You May Want To Dump This Quarter
As of Dec. 19, 2024, three stocks in the consumer discretionary sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
Birkenstock Holding plc (BIRK) Q4 2024 Earnings Call Transcript
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 Sales Officer Conference Call Participants Matthew Boss - JPMorgan Paul Lejuez - Citi Micheal Binetti - Evercore Dana Telsey - Telsey Group Laurent Vasilescu - BNP Paribas Randy Konik - Jefferies Lorraine Hutchinson - Bank of America Simeon Siegel - BMO Capital Markets Mark Altschwager - Baird Sam Poser - Williams Trading Janine Stichter - BTIG Jim Duffy - Stifel Erwan Rambourg - HSBC Jay Sole - UBS Adrien Duverger - Goldman Sachs Operator Good morning and thank you for standing by. Welcome to Birkenstock's Fourth Quarter and Fiscal Year 2024 Earnings Conference Call.
