Birkenstock Holding plc (NYSE:BIRK) Q1 2024 Earnings Conference Call February 29, 2024 8:00 AM ET Alexander Hoff We would like to remind you that some of the information provided during this call is forward-looking and accordingly is subject to the safe harbor provisions of the federal securities laws. These statements are subject to various risks, uncertainties and assumptions, which could cause our actual results to differ materially from these statements. These risks, uncertainties and assumptions are de ...

Birkenstock traded flat in the US premarket on Thursday as earnings slumped despite the sandal maker beating revenue guidance over the festive period. Revenues jumped 26% year-on-year to €303 million, beating out Wall Street predictions of just over €288 million, largely a result of both higher prices and increased demand in the States. However, earnings per share came in at €0.04, below analyst expectations of €0.09 as the group’s gross profit margin slipped 70 basis points to 61%. Birkenstock said the fal ...

| --- | --- | |----------------------------|--------------------------------------------------| | Washington, D.C. 20549 | UNITED STATES SECURITIES AND EXCHANGE COMMISSION | | 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 2024 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 execu ...

Birkenstock on Thursday beat holiday quarter revenue expectations, reporting a 26% year-on-year jump, as the German sandal company benefited from higher pricing and rising U.S. demand.Here's how the shoemaker did in its first fiscal quarter compared with what Wall Street was anticipating, based on a survey of analysts by LSEG, formerly known as Refinitiv:Earnings per share: 4 euro cents vs. 9 euro cents expectedRevenue: 303 million euros vs. 288.7 million euros expected.The newly public shoemaker, which sta ...

Investors are always looking for stocks that are poised to beat at earnings season and Birkenstock Holding plc (BIRK) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because Birkenstock Holding is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — is ...

A few hours before writing this, I got an email letting me know packages had arrived at my door. It’s a recurring theme at our house and probably yours too. Increasingly, Americans are throwing in the towel on brick-and-mortar retail and ordering everything online. And as investors, that makes it worth considering what companies might be hidden gem e-commerce stocks. The task is harder than you might think. Finding e-commerce companies isn’t hard. Nearly every company today is e-commerce. They have to be. B ...

Ethan SwopeAllbirds (BIRD) is out, Birkenstock (NYSE:BIRK) is in. Though investors have a bad taste in their mouths from the near-failure of the San Francisco-based wool shoemaker, Birkenstock is in another category entirely. German-made and a bastion of quality and endurance for over 200 years, Birkenstock went public at the tail end of last year at $46 per share. After initially falling to the low $40s, the stock is rallying again this year in sympathy with the broader markets - and in my view, it's w ...

Key PointsBirkenstock Holdings stock is stabilizing after a sharp drop after the company's initial earnings report. The company expects margin pressure in 2024 as it expands its retail footprint, but analysts seem to be looking at the upside. BIRK stock has only been trading since October, so investors may not have a clear picture of how to interpret the price action.  5 stocks we like better than BirkenstockShares of Birkenstock Holdings plc NYSE: BIRK made a decent recovery after falling more than 10% fro ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

Birkenstock warned its annual earnings will face pressure as it focuses on global expansion, disappointing investors in its first results since IPOing and causing shares to drop by as much as 14%. Executives at the sandal maker revealed plans to increase prices on its products this year, acknowledging they had "underestimated the inflation effects" in fiscal 2023. For 2024, Birkenstock anticipates an underlying earnings margin of approximately 30%, down 2.4 percentage points from 2023, citing a "modest head ...