Birkenstock stock price slumps despite strong holiday sales
Birkenstock, the renowned German footwear brand, posted stronger-than-expected sales for its fiscal first quarter, fueled by strong holiday demand and the growing popularity of its closed-toe clogs.
Birkenstock Holding plc (BIRK) Q1 2025 Earnings Call Transcript
Birkenstock Holding plc (NYSE:BIRK ) Q1 2025 Earnings Conference Call February 20, 2025 8:00 AM ET Company Participants Megan Kulick - Director, Investor Relations Oliver Reichert - Director and Chief Executive Officer Erik Massmann - outgoing Chief Financial Officer Ivica Krolo - 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 Jay Sole - UBS Laurent Vasilescu - BNP Paribas Mark Altschwager - Baird Matthew Boss - JPMorgan Randy Konik - Jefferies Louise Singlehurst - Goldman Sachs Simeon Siegel - BMO Dana Telsey - Telsey Lorraine Hutchinson - Bank of America Micheal Binetti - Evercore ISI Anna Andreeva - Piper Sandler Sam Poser - Williams Trading Erwan Rambourg - HSBC Jim Duffy - Stifel Janine Stichter - BTIG Operator Good morning, and thank you for standing by. Welcome to Birkenstock's First Quarter 2025 Earnings Conference Call.
Birkenstock: Robust EPS, Revenue Miss
Birkenstock (BIRK -5.34%), known for its iconic footwear, presented its first quarter results for fiscal 2025 on Feb. 20. Although revenue missed analyst expectations, the company reported robust earnings per share (EPS) thanks to increased demand for closed-toe products.
Birkenstock (BIRK) Beats Q1 Earnings and Revenue Estimates
Birkenstock (BIRK) came out with quarterly earnings of $0.19 per share, beating the Zacks Consensus Estimate of $0.16 per share. This compares to earnings of $0.09 per share a year ago.
Birkenstock raised prices, but couldn't avoid a revenue shortfall
Birkenstock reported a profit beat amid strong growth in a key geographic region.
Birkenstock beats holiday-quarter revenue estimates on strong demand
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 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.
