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Birkenstock Holding plc ( (BIRK) ) has provided an update.
On February 20, 2025, Birkenstock Holding plc announced its fiscal first quarter results for 2025, reporting a 19% increase in revenue compared to the previous year, driven by strong holiday demand. The company saw significant growth across all segments, particularly in the APAC region, and experienced robust performance in its B2B and DTC channels. Despite a slight decrease in gross profit margin due to an increase in B2B share, the company achieved a net profit of EUR 20 million, reversing a net loss from the previous year. The company opened new retail stores and invested EUR 19 million in capital expenditures to expand production capacity, while confirming its guidance for fiscal year 2025.
More about Birkenstock Holding plc
Birkenstock Holding plc is the parent company of Birkenstock Group B.V. & Co. KG and its subsidiaries, known for its global brand that focuses on foot health. Founded on a tradition of shoemaking dating back to 1774, Birkenstock emphasizes function, quality, and tradition with products in footwear, sleep systems, and natural cosmetics. The company is recognized for inventing the footbed and promoting natural walking, offering products from entry-level to luxury price points.
YTD Price Performance: -4.54%
Average Trading Volume: 1,493,361
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $10.32B
See more data about BIRK stock on TipRanks’ Stock Analysis page.
