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Birkenstock (BIRK) Beats Q1 Earnings and Revenue Estimates
BIRKBirkenstock plc(BIRK) ZACKS·2025-02-20 13:05

Core Insights - Birkenstock reported quarterly earnings of 0.19pershare,exceedingtheZacksConsensusEstimateof0.19 per share, exceeding the Zacks Consensus Estimate of 0.16 per share, and showing an increase from 0.09pershareayearago,resultinginanearningssurpriseof18.750.09 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 326.19millionyear−over−year[2]−Birkenstockshareshaveunderperformedthemarket,losingabout3.5326.19 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 588.35million,andforthecurrentfiscalyear,itis588.35 million, and for the current fiscal year, it is 1.77 on revenues of 2.2billion[7]−TheestimaterevisionstrendforBirkenstockisfavorable,leadingtoaZacksRank2(Buy)forthestock,indicatingexpectedoutperformanceinthenearfuture[6]IndustryContext−TheShoesandRetailApparelindustry,towhichBirkenstockbelongs,iscurrentlyinthebottom132.2 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]