Birkenstock Holding plc ( (BIRK) ) just unveiled an update.
Birkenstock Holding plc reported fiscal 2024 results surpassing expectations with a 22% revenue growth on a constant currency basis, driven by strong demand across all segments and channels. The company achieved a net profit increase of 155% year-over-year and continued its decade-long trend of 20%+ revenue growth, supported by new production capacity and a focus on expanding its market reach through both direct-to-consumer and business-to-business channels.
More about Birkenstock Holding plc
Birkenstock Holding plc is a company in the footwear industry, known for its high-quality sandals and shoes. The company focuses on expanding its product offerings into closed-toe silhouettes, orthopedics, professional, outdoor, and its own retail channels, with a significant market presence in the Americas, Europe, and APMA regions.
YTD Price Performance: 14.36%
Average Trading Volume: 1,129,342
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $10.53B
See more data about BIRK stock on TipRanks’ Stock Analysis page.