Welcome to our dedicated page for Birkenstock Holding PLC news (Ticker: BIRK), a resource for investors and traders seeking the latest updates and insights on Birkenstock Holding PLC stock.
Overview
Birkenstock Holding PLC is a globally recognized footwear manufacturer known for its innovative, biomechanically engineered designs and a heritage that traces back to 1774. The company’s foundation in traditional shoemaking combines centuries of craftsmanship with modern technology, positioning it as an enduring icon in the footwear industry. As a business with a dual-channel strategy, Birkenstock leverages both direct-to-consumer (DTC) platforms—including its globally operated online stores and retail outlets—and a robust business-to-business (B2B) network of established third-party retailers.
Core Business and Product Portfolio
At its core, Birkenstock specializes in the design, manufacture, and sale of footwear that emphasizes foot health and natural movement. Its product range includes sandals, closed-toe silhouettes, and an expanding assortment of related accessories and skincare products. The signature element across these offerings is the patented footbed technology, which reflects the company’s commitment to function and quality. Designed to support proper biomechanics and comfort, these products cater to men, women, and children, ensuring a broad demographic appeal.
Operational Excellence and Market Strategy
Birkenstock sustains its competitive advantage through an engineered distribution approach that balances global retail expansion with targeted wholesale partnerships. The company operates in multiple geographic hubs including the Americas, Europe, and key markets in Asia, the Middle East, and Africa. This diversified channel strategy not only expands its footprint but also ensures resilience by maintaining deep market penetration. The company’s operational model focuses on aligning production capacity with rising consumer demand, investing in modern facilities while upholding a tradition of quality and customer satisfaction.
Heritage, Innovation, and Brand Values
Deeply rooted in a long legacy of shoemaking, Birkenstock combines heritage with innovation. The integration of advanced biomechanical research into its product design allows it to offer footwear that is both stylish and functionally superior. The brand is synonymous with quality, functionality, and a commitment to natural well-being, setting it apart in an increasingly competitive marketplace. Its products are not only viewed as essential everyday items but have also evolved into a symbol of conscious lifestyle choices.
Competitive Landscape and Industry Position
Within the global consumer goods and footwear markets, Birkenstock Holding PLC differentiates itself through a robust balance of tradition and forward-thinking innovation. It navigates a complex competitive environment by consistently emphasizing product quality, authentic brand experience, and strategic distribution. Its dual approach—engaging both end consumers directly and leveraging established retail networks—ensures that it remains adaptable and relevant across varying market conditions.
Investor-Centric Insights
For investors, Birkenstock represents a unique combination of heritage and operational excellence. The company’s capability to integrate artisanal craftsmanship with modern production techniques and its distinct position within both DTC and B2B channels emphasizes a balanced business model. Clear operational focus on enhancing production capacity and strategic distribution partnerships underpins its market resilience and enduring brand appeal. This comprehensive approach further solidifies its standing in a competitive industry, offering a holistic view of its business operations and market impact.
Birkenstock (NYSE:BIRK) has scheduled its fiscal second quarter 2025 financial results announcement for Thursday, May 15, 2025, before US market opening. The company will host a conference call and webcast with investors at 8:00 a.m. Eastern Time on the same day.
The earnings call can be accessed through the company's Investor Relations website, with dial-in numbers provided for both US (1-888-506-0062) and International (1-973-528-0011) participants using access code 159335. A replay will be available using access code 52272.
Birkenstock (NYSE:BIRK) reports strong Q1 FY2025 results with revenue up 19% to EUR 362 million, driven by robust holiday demand across all segments. The company achieved significant growth across regions: Americas (+16%), EMEA (+17%), and APAC (+47%). B2B revenue increased by 30%, while DTC revenue grew by 11%.
Key financial metrics include: Net profit of EUR 20 million (up from EUR -7 million loss), EPS of EUR 0.11, Adjusted EBITDA of EUR 102 million (+25% YoY), and gross profit margin of 60.3% (down 70 basis points). The company opened four new stores, bringing total owned retail locations to 71.
Birkenstock confirms its FY2025 guidance with expected revenue growth of 15-17% in constant currency and Adjusted EBITDA margin of 30.8-31.3%. The company maintains strong liquidity with EUR 299 million in cash and cash equivalents, with net leverage at 1.9x as of December 31, 2024.
Birkenstock (NYSE:BIRK) has announced the appointment of Ivica Krolo as Chief Financial Officer, effective February 1, 2025. Krolo will succeed Dr. Erik Massmann, who will step down on January 31, 2025. Both executives will jointly present Q1 2025 financial results during the February 20, 2025 conference call.
Krolo joins from EMH Partners, where he served as Partner and CFO since 2015. His background includes positions at PricewaterhouseCoopers and Mazars, with expertise in auditing, finance, and taxation. The company confirms no changes to its goals and reiterates its FY 2025 guidance announced on December 18, 2024.
CEO Oliver Reichert praised Krolo's experience and operational expertise, while acknowledging Massmann's contributions during the company's IPO preparation and capital market communications.
Birkenstock (NYSE:BIRK) has announced it will release its fiscal first quarter 2025 financial results (for the period ended December 31, 2024) on Thursday, February 20, 2025, before US market opening. The company will host a conference call and live webcast at 8:00 a.m. Eastern Time on the same day.
Investors can access the webcast through the company's Investor Relations website. For phone participation, US callers should dial 1-888-506-0062, while international callers can use 1-973-528-0011, with access code 520545.
Additionally, Birkenstock will participate in the 27th Annual ICR Conference from January 13-15th, 2025, in Orlando, FL. Alexander Hoff, Vice President of Global Finance, and Megan Kulick, Director of Investor Relations, will represent the company.
Birkenstock (NYSE:BIRK) reported strong fiscal 2024 results with revenue reaching EUR 1.8 billion, representing 21% growth (22% constant currency), exceeding guidance of 20%. The company achieved double-digit growth across all segments: Americas (19%), Europe (21%), and APMA (42%).
Key financial highlights include: Adjusted EBITDA of EUR 555 million (+15% YoY) with a margin of 30.8%, net profit of EUR 192 million (+155% YoY), and EPS of EUR 1.02 (+149% YoY). Gross profit margin decreased to 58.8% due to production capacity expansion and channel mix shifts.
For fiscal 2025, Birkenstock projects revenue growth of 15-17% in constant currency and targets an Adjusted EBITDA margin of 30.8-31.3%. The company plans approximately EUR 80 million in capital expenditures and aims for a net leverage ratio of 1.5x.
Birkenstock (NYSE:BIRK) has scheduled its fourth quarter and full fiscal year 2024 financial results announcement for December 18, 2024, before US market open. The company will host a conference call and live webcast at 8:00 a.m. Eastern Time on the same day. Investors can access the webcast through Birkenstock's Investor Relations website, or join via phone using specific dial-in numbers for US and International participants. A replay of the call will be available afterward with provided access codes.
Birkenstock Holding plc (NYSE:BIRK) has announced its participation in three upcoming investor conferences in September 2024. The company's senior management will be present at the Goldman Sachs Global Retailing Conference in New York City on September 5th, the J.P. Morgan 15th Annual U.S. All-Stars Conference in London on September 17th, and the UBS Athletic Training and Lifestyle Innovation Day and 5K in Boston on September 25th.
Investors interested in attending these events should contact their representatives at the respective banks. Presentation materials will be made available on the Investor Relations section of Birkenstock's website.
Birkenstock (NYSE:BIRK) reports record third quarter revenue of EUR 565 million for fiscal 2024, up 19% year-over-year. The company saw strong growth across all segments: Americas (+15%), Europe (+19%), and APMA (+41%). B2B revenue grew 23%, while DTC revenue increased 14%. Despite the growth, gross profit margin decreased to 59.5% from 61.7% due to production capacity expansion and increased B2B share. Net profit rose 18% to EUR 75 million, with EPS up 15% to EUR 0.40. The company confirms its fiscal 2024 guidance for 20% revenue growth and an Adjusted EBITDA margin of 30-30.5%. Birkenstock continues to invest in production capacity and retail expansion, opening 7 new owned stores in Q3.
Birkenstock Holding plc (NYSE:BIRK) has announced the date for its third quarter 2024 financial results release and conference call. The company will report its results for the quarter ended June 30, 2024, on Thursday, August 29, 2024, before the US market opens. A conference call and live webcast with the investment community will be held at 8:00 a.m. Eastern Time on the same day.
Investors can access the webcast through the company's Investor Relations website. For those joining via phone, the dial-in numbers are 1-888-506-0062 (US) and 1-973-528-0011 (International), with access code 344410. A replay will be available after the call, accessible by dialing 1-877-481-4010 (US) or 1-919-882-2331 (International), using access code 50923. An archive of the webcast will also be available on Birkenstock's Investor Relations website.
Birkenstock Holding announced the pricing of a $756 million secondary offering comprising 14,000,000 ordinary shares at $54.00 per share. The shares are being sold by BK LC Lux MidCo S.à r.l., affiliated with L Catterton, not by Birkenstock itself. The Selling Shareholder has given underwriters a 30-day option to buy an additional 2,100,000 shares. The offering's closing is expected on June 28, 2024, subject to customary conditions. Goldman Sachs and J.P. Morgan are leading the offering, with other major financial institutions participating. Birkenstock will not receive any proceeds from this sale.
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