Why Birkenstock Stock Hit an All-Time High Above $57 Per Share Today

Growth in 2024 is now expected to be even better than management previously expected. Shares of shoe company Birkenstock (BIRK 11.66%) hit all-time highs on Thursday after the company reported financial results for its fiscal second quarter of 2024. The stock rose as much as 15% before settling for a 12% gain by the time the market closed for the day. This old company is still going strong Birkenstock clearly doesn't have a demand problem, which is encouraging for a shoe company that's been in business for ...