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Despite stock slide, Birkenstock is positioned for growth: analysts

Despite stock slide, Birkenstock is positioned for growth: analysts
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German sandal maker Birkenstock forecasts major sales growth

German sandal maker Birkenstock is once again expecting a significant increase in sales for the current financial year, forecasting sales through September to rise by 17% to 18%. The forecast was included on Thursday in Birkenstock's first quarterly financial report since the company went public on the New York Stock Exchange in October. Birkenstock shares in October began trading at below the issue price of $46 and took seven weeks to reach that value again. The company's shares have generally

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Birkenstock Hits 20% Topline Growth in FY23, Predicts Continued Growth in FY24 - Birkenstock Holding (NYSE:BIRK)

Birkenstock Reports 20% Revenue Growth in FY23, Reaching €1.49 Billion: Driven by a 6% increase in units sold and a 14% rise in average selling price, Birkenstock's direct-to-consumer (DTC) segment saw a significant 29% revenue jump, bolstering the company's robust financial performance.

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4 stocks to watch on Thursday: Birkenstock, KeyCorp and more (NYSE:BIRK)

4 stocks to watch on Thursday: Birkenstock, KeyCorp and more (NYSE:BIRK)
seekingalpha.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from seekingalpha.com Daily Mail and Mail on Sunday newspapers.

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Birkenstock Stumbles on First Post-IPO Earnings Report

Shares of Birkenstock (BIRK) fell after its first earnings report since going public left investors wanting more.

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