Birkenstock plc(BIRK)
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Birkenstock's Sudden Slide—Why It Might Be Your Next Big Win
MarketBeat· 2024-08-31 11:15
Birkenstock Today BIRK BIRKENSTO Birkenstock $49.89 -1.01 (-1.98%) 52-Week Range $35.83 ▼ $64.78 Price Target $62.23 Add to Watchlist Birkenstock NYSE: BIRK has been on a strong run since going public in October 2023. Shares were up 54% prior to the release of its fiscal Q3 earnings on Aug. 29. This significantly outpaced the S&P 500 and the consumer discretionary sector. The Consumer Discretionary Select Sector SPDR Fund NYSEARCA: XLY is up 15% since the company's IPO. Let's examine Birkenstock's operation ...
Birkenstock: Decelerating Growth And Inflated Valuations Do Not Mix Well
Seeking Alpha· 2024-08-30 18:52
BalkansCat We wrote an article shortly after Birkenstock Holding plc (NYSE:BIRK) went public where we shared our skepticism about the company's valuation. There is no doubt that they own a valuable brand for which many consumers are willing to pay a premium, but that was already reflected in the share price and then some. Whiles shares are trading at a slightly higher price today, they have significantly underperformed the S&P 500 Index (SPY) on a total retum basis. The company also just disappointed invest ...
Birkenstock shares plunge more than 15% after sandal maker misses profit estimates
New York Post· 2024-08-30 02:51
Birkenstock shares plunged more than 15% on Thursday after the sandal maker missed quarterly profit expectations on a global expansion plan that hit its margins. The Germany-based company reported an adjusted profit per share of 54 cents, below LSEG analysts' expectations of 58 cents. The retailer reported revenue of $624.6 million, up 19% since last year but slightly below estimates of $625.6 million. 3 Birkenstock shares plunged nearly 15% on Thursday after the company reported profit that missed expectat ...
Why Birkenstock Stock Got Knocked Down Today
The Motley Fool· 2024-08-29 18:16
Even after 250 years in business, this company is still setting records. Shares of shoe company Birkenstock (BIRK -16.84%) got knocked down on Thursday after the company reported financial results for its fiscal third quarter of 2024. Most headlines say that the company missed estimates from analysts, but I think this is a weak explanation for what's happening today, as I'll explain. Regardless of the reason why, Birkenstock stock was still down a hefty 16% as of 1 p.m. ET. Birkenstock is right on schedule ...
Birkenstock plc(BIRK) - 2024 Q3 - Earnings Call Transcript
2024-08-29 17:26
Birkenstock Holding plc (NYSE:BIRK) Q3 2024 Earnings Conference Call August 29, 2024 8:00 AM ET Company Participants Megan Kulick - Director of Investor Relations Oliver Reichert - Director and Chief Executive Officer Erik Massmann - Chief Financial Officer David Kahan - President, Americas Alexander Hoff - Vice President of Global Finance Conference Call Participants Simeon Siegel - BMO Capital Markets Laurent Vasilescu - BNP Paribas Paul Lejuez - Citibank Jay Sole - UBS Matthew Boss - JPMorgan Micheal Bin ...
Birkenstock shares drop as quarterly financials disappoint
Proactiveinvestors NA· 2024-08-29 12:34
About this content About Jamie Ashcroft Jamie Ashcroft, the News Editor for Proactive UK, has developed an impressive career in financial journalism, focusing on the small-cap sector for over fourteen years. Before joining the Proactive team, he was a stockbroker during the global financial crisis, a role that complemented his educational background - a firstclass degree in Business and Economics and qualifications in software design and development. As one of the early external hires at Proactive in 2009, ...
Birkenstock plc(BIRK) - 2024 Q3 - Quarterly Report
2024-08-29 10:19
EX-10.1 2 birk_ex101.htm TERM AND REVOLVING FACILITIES AGREEMENT EXHIBIT 10.1 EXECUTION VERSION Dated 28 May 2024 TERM AND REVOLVING FACILITIES AGREEMENT BIRKENSTOCK LIMITED PARTNER S.À R.L. (as the Company) provided by COMMERZBANK AKTIENGESELLSCHAFT BNP PARIBAS S.A. NIEDERLASSUNG DEUTSCHLAND ING BANK, A BRANCH OF ING-DIBA AG LANDESBANK HESSEN-THÜRINGEN GIROZENTRALE LANDESBANK BADEN-WÜRTTEMBERG, NEW YORK BRANCH LANDESBANK BADEN-WÜRTTEMBERG JPMORGAN CHASE BANK, N.A., LONDON BRANCH DZ BANK AG DEUTSCHE ZENTRAL ...
Are Consumer Discretionary Stocks Lagging Birkenstock Holding PLC (BIRK) This Year?
ZACKS· 2024-07-26 14:41
For those looking to find strong Consumer Discretionary stocks, it is prudent to search for companies in the group that are outperforming their peers. Has Birkenstock (BIRK) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Consumer Discretionary peers, we might be able to answer that question. Birkenstock is one of 281 individual stocks in the Consumer Discretionary sector. Collectively, these companies sit at #10 in the Zacks Sector Rank. The ...
2 Stocks to Celebrate Schaeffer's 43 Years
Schaeffers Investment Research· 2024-07-16 14:21
To access the entirety of the free report, click here. Another stock that caught our eye is Texas Instruments Incorporated (NASDAQ:TXN), whom in the first quarter of 2024, broke and closed above their 2022-2023 highs, an area which marked resistance around $185-188 and corresponded with the +10 percent year-todate level. In May, a brief close above the round-number $200 mark, which corresponds to the stock's 2021 high, led to a consolidation. This has continued, as the 10-week and 50-day moving averages pla ...
Is Birkenstock Holding PLC (BIRK) Stock Outpacing Its Consumer Discretionary Peers This Year?
ZACKS· 2024-07-10 14:41
According to our latest data, BIRK has moved about 15.5% on a year-to-date basis. Meanwhile, the Consumer Discretionary sector has returned an average of -2.7% on a year-to-date basis. This means that Birkenstock is outperforming the sector as a whole this year. For those looking to find strong Consumer Discretionary stocks, it is prudent to search for companies in the group that are outperforming their peers. Birkenstock (BIRK) is a stock that can certainly grab the attention of many investors, but do its ...