Telsey Advisory Group analyst Dana Telsey reiterated the Outperform rating on Birkenstock Holding BIRK with a price forecast of $70.The company is set to report its second-quarter results on May 15, before the market opens.Telsey projects total revenue to grow 17.7% year-over-year to 566.4 million euros, slightly trailing the consensus estimate of 568.2 million euros.The analyst sees a 30-basis-point expansion in gross margin to 56.6%, narrowly topping the consensus forecast of 56.5%, which implies a 20-bas ...

The market expects Birkenstock (BIRK) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended March 2025. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released ...

Shares of Birkenstock (BIRK) have gained 17.3% over the past four weeks to close the last trading session at $51.46, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $68.15 indicates a potential upside of 32.4%.The average comprises 17 short-term price targets ranging from a low of $57 to a high of $95, with a standard deviation of $9.66. While the lowest estimate indicates an in ...

About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...

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 ...

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]

Core Insights - Birkenstock reported better-than-expected earnings per share (EPS) of EUR 0.18, surpassing the forecast of EUR 0.17, while revenue of EUR 362 million fell short of the expected EUR 373 million, indicating strong demand despite sales challenges [2][3][6] Financial Performance - Adjusted EPS for Q1 2025 was EUR 0.18, a 100% increase year-over-year from EUR 0.09 in Q1 2024 [3] - Revenue increased by 19.5% year-over-year to EUR 362 million, compared to EUR 303 million in Q1 2024 [3][6] - Adjusted net profit rose to EUR 33 million, up 94.1% from EUR 17 million in the previous year [3] - Adjusted EBITDA reached EUR 102 million, reflecting a 25.9% increase from EUR 81 million in Q1 2024 [3] Regional Performance - The Americas region experienced a 16% revenue increase, driven by strong demand for closed-toe products [7] - EMEA region saw a 17% growth, while APAC reported a remarkable 47% increase, highlighting successful strategic investments [7] Business Strategy - The company is focusing on expanding its retail presence in under-penetrated markets and investing in geographic growth [5] - A strategic emphasis on B2B channels contributed to a 30% revenue rise in this segment, although it slightly impacted gross profit margin, which decreased by 0.7 percentage points to 60.3% [8] - An investment of EUR 19 million was made to enhance production capacity, ensuring the company can meet future demand [8] Future Outlook - For fiscal 2025, Birkenstock projects revenue growth between 15% and 17% and targets an adjusted EBITDA margin of 30.8% to 31.3% [9] - The company plans to open 30 new stores and expand its geographic footprint, particularly in the promising APAC region [9]

Core Insights - Birkenstock reported quarterly earnings of $0.19 per share, exceeding the Zacks Consensus Estimate of $0.16 per share, and showing an increase from $0.09 per share a year ago, resulting in an earnings surprise of 18.75% [1] - The company achieved revenues of $385.88 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 4.18% and increasing from $326.19 million year-over-year [2] - Birkenstock shares have underperformed the market, losing about 3.5% since the beginning of the year compared to the S&P 500's gain of 4.5% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.55 on revenues of $588.35 million, and for the current fiscal year, it is $1.77 on revenues of $2.2 billion [7] - The estimate revisions trend for Birkenstock is favorable, leading to a Zacks Rank 2 (Buy) for the stock, indicating expected outperformance in the near future [6] Industry Context - The Shoes and Retail Apparel industry, to which Birkenstock belongs, is currently in the bottom 13% of over 250 Zacks industries, which may impact stock performance [8] - Nike, another company in the same industry, is expected to report quarterly earnings of $0.28 per share, reflecting a year-over-year decline of 71.4% [9]