Group 1 - The analyst previously held a "hold" rating on Birkenstock (NYSE: BIRK) stock but has changed the stance due to a significant decrease in valuation after a sell-down [1] - The analyst emphasizes a diverse investment approach, incorporating fundamental, technical, and momentum investing strategies to enhance the investment process [1] Group 2 - The article serves as a platform for tracking investment ideas and connecting with like-minded investors [1]

In my view, this earnings season in particular is a great time to deploy active investing. A number of attractive growth stocks are on sale following weak post-earnings reactions, opening up an opportunity to increase our exposure to “growth at a reasonableWith combined experience of covering technology companies on Wall Street and working in Silicon Valley, and serving as an outside adviser to several seed-round startups, Gary Alexander has exposure to many of the themes shaping the industry today. He has ...

February 20, 2025 BIRKENSTOCK FINANCIAL RESULTS Q1 FY25 Certain statements in this presentation (the "Presentation") of Birkenstock Holding plc (together with all of its subsidiaries, the "Company," "Birkenstock," "we," "our," "ours," or "us") may constitute "forward-looking" statements and information within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the safe harbor provisions of the U.S. Private Securities Litig ...

Financial Data and Key Metrics Changes - The company reported first quarter revenue of €362 million, representing a 19% growth year-over-year, exceeding the annual guidance of 15% to 17% [28][12] - Gross margin for the quarter was 60.3%, slightly down 70 basis points year-over-year due to a higher B2B mix [30][28] - EBITDA for Q1 was €102 million, up 25% year-over-year, with an EBITDA margin of 28.2%, an increase of 130 basis points year-over-year [31][28] - Adjusted net profit was €33 million, up 99% year-over-year, with earnings per share at €0.18, also up 100% from a year ago [31][28] Business Line Data and Key Metrics Changes - B2B revenue grew by 30% in the first quarter, while DTC revenue increased by 10% [28][12] - DTC share of business was 49%, down 400 basis points from a year ago [29] - Revenue from closed-toe silhouettes grew at over twice the rate of the overall group, accounting for over half of the revenue in the quarter [13][14] Market Data and Key Metrics Changes - The Americas region saw a revenue increase of 16% compared to Q1 2024, with closed-toe products making up nearly two-thirds of the business [18][20] - EMEA delivered growth of 17%, with closed-toe products growing over 2.5 times faster than sandals [20][21] - The APAC region was the fastest-growing segment, with a growth rate of 47%, now representing 13% of total revenue, up from 10.5% a year ago [23][24] Company Strategy and Development Direction - The company aims to balance growth between DTC and B2B channels, with expectations for DTC to slightly outpace B2B in the second half of the year [16][34] - The focus is on expanding into white space opportunities, particularly in closed-toe shoes, owned retail, and the APAC region [39][13] - The company plans to open additional retail stores, aiming to increase the total from 71 to closer to 100 by the end of the fiscal year [132][131] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in strong consumer demand despite macroeconomic uncertainties, including inflation and potential tariffs [44][43] - The company reiterated its revenue growth forecast of 15% to 17% for the year, with expectations for improved gross profit margins as production efficiency increases [35][34] - Management highlighted the importance of maintaining a healthy stock-to-sales ratio and the strategy of engineered distribution to manage growth [89][90] Other Important Information - The company ended the quarter with cash and cash equivalents of €299 million, down from €356 million at the end of fiscal 2024 [32] - The inventory-to-sales ratio improved to 39%, down from 42% in Q1 2024 [32] Q&A Session Summary Question: Why isn't the company raising the full-year guidance despite a strong Q1? - Management noted that Q1 is the smallest quarter of the year, comprising only 17% of total annual revenue, and cited macroeconomic uncertainties as reasons for maintaining guidance [43][44] Question: What drove the strong B2B growth? - Management indicated that strong sell-through rates and increased shelf space allocation by wholesale partners contributed to the B2B growth [46][47] Question: What are the biggest challenges for the new CFO? - The new CFO highlighted the need to scale systems and infrastructure in line with rapid growth as a key challenge [55] Question: What is the outlook for gross margin in the coming quarters? - Management expects a modest improvement in gross margin in the second half of the year, driven by increased factory utilization [72][73] Question: How is the company addressing potential tariffs? - The company plans to monitor tariffs closely and has historically been able to offset inflationary pressures through pricing adjustments [140][141]

Birkenstock reported better-than-expected earnings per share but missed revenue estimates, signaling strong overall demand despite some sales challenges.Birkenstock (BIRK -5.08%), 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. The results displayed mixed signals with a notable EUR 0.18 in adjusted EPS, surpassin ...

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. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 18.75%. A quarter ago, it was expected that this sandal maker would post earnings of $0.26 per share when it actually produced earnings of $0.32, delivering a surprise of 23.08%.Over the last four quarters, the company ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the Month of February 2025 Commission file number: 001-41836 Birkenstock Holding plc (Translation of registrant's name into English) 1-2 Berkeley Square London W1J 6EA United Kingdom (Address of principal executive office) Indicate by check mark whether the registrant files or will file annual reports under cover of ...

About this content About Josh Lamb After graduating from the University of Kent in the summer of 2022 with a degree in History, Josh joined Proactive later that year as a journalist in the UK editorial team. Josh has reported on a range of areas whilst at Proactive, including energy companies during a time of global crisis, aviation and airlines as the sector recovers from the pandemic, as well as covering economic, social and governance issues. Read more About the publisher Proactive financial news and ...

Core Viewpoint - Ivica Krolo has been appointed as the new Chief Financial Officer (CFO) of the Birkenstock Group, indicating a strategic move to enhance the company's financial leadership and operational efficiency [1] Group 1: Appointment Details - Ivica Krolo brings over 20 years of experience in finance and management, having held senior positions in various international companies [1] - The appointment is part of Birkenstock's ongoing efforts to strengthen its executive team as it prepares for future growth [1] Group 2: Company Strategy - The Birkenstock Group aims to leverage Krolo's expertise to navigate the complexities of the financial landscape and drive sustainable growth [1] - The company is focused on expanding its market presence and enhancing its brand value in the global footwear industry [1]

With 2025 starting on a slightly down note, we note that many investors are probably sounding off cautious alarms on last year's big, momentum-driven winners. Against this backdrop, I continue to favor "growth at a reasonable price" stocks for my portfolio, especially those that have exhibited choppierWith combined experience of covering technology companies on Wall Street and working in Silicon Valley, and serving as an outside adviser to several seed-round startups, Gary Alexander has exposure to many of ...