Birkenstock Holding plc (BIRK) Q2 2025 Earnings Call Transcript
Birkenstock Holding plc (NYSE:BIRK ) Q2 2025 Results Conference Call May 15, 2025 8:00 AM ET Company Participants Megan Kulick - Director, Investor Relations Oliver Reichert - Director and Chief Executive Officer Ivica Krolo - Chief Financial Officer David Kahan - President, Americas Nico Bouyakhf - President, EMEA Alexander Hoff - Vice President, Global Finance Klaus Baumann - Chief Sales Officer Conference Call Participants Matthew Boss - JPMorgan Simeon Siegel - BMO Mark Altschwager - Baird Dana Telsey - Telsey Group Laurent Vasilescu - BNP Paribas Jay Sole - UBS Lorraine Hutchinson - Bank of America Sam Poser - Williams Trading Jesalyn Wong - Evercore Edouard Aubin - Morgan Stanley Anna Andreeva - Piper Sandler Janine Stichter - BTIG Erwan Rambourg - HSBC Sharon Zackfia - William Blair Adrien Duverger - Goldman Sachs Peter McGoldrick - Stifel Operator Good morning, and thank you for standing by. Welcome to Birkenstock's Second Quarter 2025 Earnings Conference Call.
Birkenstock shares rise on boosted outlook, strong quarterly report
Birkenstock Holding PLC (NYSE:BIRK) posted better-than-expected earnings for the fiscal second quarter and raised its annual outlook, sending its shares more than 7% higher on Thursday morning. For fiscal 2025, the company now sees revenue growth at the high end of its earlier guidance of 15% to 17% growth in constant currency.
Birkenstock Stock Soars on Strong Results, Outlook
Shares of Birkenstock Holdings (BIRK) surged more than 5% Thursday as the fashion footwear manufacturer posted better-than-expected results and raised its guidance as sales were up in all its markets, and it sees an advantage over rivals in the new tariff environment.
Birkenstock (BIRK) Beats Q2 Earnings Estimates
Birkenstock (BIRK) came out with quarterly earnings of $0.58 per share, beating the Zacks Consensus Estimate of $0.57 per share. This compares to earnings of $0.44 per share a year ago.
Sandal-Maker Birkenstock Lifts Earnings View After Strong Sales
The U.S.-listed company now expects constant-currency revenue growth toward the high end of its guided 15% to 17% range.
Birkenstock (BIRK) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
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.
Wall Street Analysts Predict a 32.43% Upside in Birkenstock (BIRK): Here's What You Should Know
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.
Birkenstock, Gildan, and PVH well-positioned to navigate tariffs: UBS
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.
Birkenstock: Upgrade To Buy On Cheaper Valuation
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.
Birkenstock's US Expansion Has Significant Upside With Fewer Than 10 Stores Today, Analyst Says
J.P. Morgan analyst Matthew R. Boss reiterated an Overweight rating on the shares of Birkenstock Holding PLC BIRK and shared key insights from a meeting with management.
Birkenstock: A Great Dip To Buy As Margins March Upward
Birkenstock's share price dip presents a buying opportunity due to strong growth, high margins, and promising expansion in Asia, particularly China. The company maintains a ~20% growth CAGR and boasts ~60% gross margins, a rarity among consumer products companies. Despite a conservative FY25 outlook, Birkenstock's Q1 results showed 19% y/y revenue growth and strong B2B segment performance, affirming its robust market position.
Birkenstock Adds Winter Assortment, But The Stock Remains Too Expensive
Birkenstock Holding plc reported 19% YOY revenue growth, but the market reacted negatively due to maintained full-year guidance of 15%-17%, indicating potential deceleration from last year's 20%. Wholesale growth outperformed at 30%, but 90% came from existing doors, raising saturation concerns; DTC growth slowed to 10% from 30% last year. Product diversification is promising, with closed-toe silhouettes making up 50% of revenue; Asia grew 47% YoY, now 13% of sales.
