Company Performance - Birkenstock reported quarterly earnings of $0.58 per share, exceeding the Zacks Consensus Estimate of $0.57 per share, and up from $0.44 per share a year ago, representing an earnings surprise of 1.75% [1] - The company posted revenues of $604.17 million for the quarter ended March 2025, which missed the Zacks Consensus Estimate by 3.39%, compared to $522.51 million in the same quarter last year [2] - Over the last four quarters, Birkenstock has surpassed consensus EPS estimates three times and topped consensus revenue estimates two times [2] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $0.68 on revenues of $720.28 million, and for the current fiscal year, it is $1.85 on revenues of $2.31 billion [7] - The estimate revisions trend for Birkenstock is mixed, resulting in a Zacks Rank 3 (Hold), indicating that shares are expected to perform in line with the market in the near future [6] Industry Context - The Shoes and Retail Apparel industry, to which Birkenstock belongs, is currently in the bottom 11% of over 250 Zacks industries, suggesting potential challenges for stock performance [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact Birkenstock's stock performance [5]

Financial Performance Highlights - Revenue increased by 19% to €574 million in Q2 FY25[11], with a constant currency growth of 18%[11] - DTC (Direct-to-Consumer) revenue grew by 19% to €141 million[11], or 17% on a constant currency basis[11] - B2B (Business-to-Business) revenue also increased by 19% to €432 million[11], with a constant currency growth of 18%[11] - Gross profit margin improved by 140 basis points to 57.7% in Q2 FY25[11, 18] - Adjusted EBITDA increased by 23% to €200 million, resulting in a margin of 34.8%[11] - Adjusted net profit rose by 33% to €103 million[11] - Adjusted EPS (Earnings Per Share) increased by 34% to €0.55[11] Regional Performance - Americas revenue increased by 23% to €313 million[14], or 20% on a constant currency basis[14] - EMEA (Europe, Middle East, and Africa) revenue grew by 12% to €213 million[14], both in reported and constant currency[14] - APAC (Asia-Pacific) revenue saw a significant increase of 30% to €48 million[14], both in reported and constant currency[14] Balance Sheet and Cash Flow - Net debt remained stable at 1.8x LTM (Last Twelve Months) Adjusted EBITDA[11, 32] - Trade and other receivables increased to €249 million due to seasonal B2B shipments[30] - Cash flow was impacted by tax payments related to previous years, resulting in a total cash flow of negative €62 million[37]

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 Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F. Form 20-F ☒ Form 40-F ☐ TABLE OF CONTENTS | | Page | | --- | --- | | PART I - FINANCIAL INFORMATION | 1 | | ITEM 1. FINANCIAL STATEMENTS | 1 | | Unaudited Interim Condensed Consolidated Statements of Fin ...

Core Viewpoint - Telsey Advisory Group analyst Dana Telsey maintains an Outperform rating on Birkenstock Holding (BIRK) with a price target of $70, anticipating strong revenue growth and margin improvements in the upcoming second-quarter results [1]. Revenue and Earnings Forecast - Total revenue is projected to grow by 17.7% year-over-year to €566.4 million, slightly below the consensus estimate of €568.2 million [1]. - Adjusted EBITDA is estimated at €193.3 million, up from €162.3 million in the prior-year quarter, closely aligning with the consensus view of €192.9 million, resulting in an adjusted EBITDA margin of 34.1% [5]. Margin Analysis - A gross margin expansion of 30 basis points to 56.6% is expected, marginally exceeding the consensus forecast of 56.5% [2]. - Operating expenses are anticipated to remain flat year-over-year at 27.6%, slightly below the consensus figure of 27.7%, leading to a projected 180-basis-point improvement in pretax profit margin to 24.8%, just under the Street's expectation of a 230-basis-point rise to 25.3% [4]. Market Position and Strategy - Birkenstock benefits from a relative advantage in tariff exposure, manufacturing in Germany and deriving only 52% of its fiscal 2024 revenue from the Americas, which limits vulnerability compared to footwear industry peers [3]. - The company is successfully expanding its closed-toe shoe segment and driving average selling price growth, positioning itself well in a market where consumers are becoming more selective with spending [6]. Current Stock Performance - BIRK shares are currently trading lower by 0.36% at $52.28 [7].

Core Viewpoint - The market anticipates Birkenstock (BIRK) to report a year-over-year increase in earnings driven by higher revenues for the quarter ending March 2025, with actual results being crucial for stock price movement [1][2]. Earnings Expectations - The consensus EPS estimate for Birkenstock is $0.57 per share, reflecting a year-over-year increase of +29.6% [3]. - Expected revenues are projected at $610.3 million, which is a 16.8% increase from the same quarter last year [3]. Estimate Revisions - Over the last 30 days, the consensus EPS estimate has been revised 0.86% higher, indicating a positive reassessment by analysts [4]. - The Most Accurate Estimate for Birkenstock is higher than the Zacks Consensus Estimate, resulting in an Earnings ESP of +2.20% [10][11]. Earnings Surprise Prediction - A positive Earnings ESP is a strong indicator of a potential earnings beat, especially when combined with a Zacks Rank of 1 (Strong Buy), 2 (Buy), or 3 (Hold) [8]. - Birkenstock currently holds a Zacks Rank of 2, suggesting a high likelihood of beating the consensus EPS estimate [11]. Historical Performance - In the last reported quarter, Birkenstock exceeded the expected earnings of $0.16 per share by delivering $0.19, resulting in a surprise of +18.75% [12]. - Over the past four quarters, the company has beaten consensus EPS estimates three times [13]. Conclusion - Birkenstock is positioned as a compelling candidate for an earnings beat, but investors should consider other influencing factors before making investment decisions [16].

Group 1 - Birkenstock (BIRK) shares have increased by 17.3% over the past four weeks, closing at $51.46, with a mean price target of $68.15 indicating a potential upside of 32.4% [1] - The average of 17 short-term price targets ranges from a low of $57 to a high of $95, with a standard deviation of $9.66, suggesting a variability in analyst estimates [2] - Analysts have shown a strong agreement in revising earnings estimates higher, which correlates with potential stock price movements [11][12] Group 2 - The Zacks Consensus Estimate for the current year has increased by 1.8% over the past month, with three estimates going higher and no negative revisions [12] - Birkenstock currently holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimates [13] - While the consensus price target may not be a reliable indicator of the extent of potential gains, it does provide a directional guide for price movement [13]

Company Overview - Proactive is a financial news publisher that provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The company has a team of experienced news journalists who produce independent content across various financial markets [2] Market Focus - Proactive specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - The content includes insights into sectors such as biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Technology Adoption - Proactive is committed to adopting technology to enhance its content creation and workflow processes [4] - The company utilizes automation and software tools, including generative AI, while ensuring that all published content is edited and authored by humans [5]

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]

Group 1 - The current earnings season presents a favorable opportunity for active investing, particularly in growth stocks that are undervalued due to weak post-earnings reactions [1] - There is an emphasis on increasing exposure to "growth at a reasonable price" as many attractive growth stocks are available [1] - The analyst, Gary Alexander, has extensive experience in technology sectors and has been contributing insights on platforms like Seeking Alpha since 2017 [1] Group 2 - The article does not provide any specific financial data or performance metrics related to companies or industries [2][3]

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 ...