Birkenstock: Decelerating Growth And Inflated Valuations Do Not Mix Well [Seeking Alpha]
Birkenstock Holding plc (BIRK)
Company Research
Source: Seeking Alpha
WideAlpha 5.37K Follower s Follow Summary Birkenstock's shares trade at a very high valuation despite decelerating revenue growth, contracting gross profit margins, and insiders selling. The company's third-quarter results missed revenue and profit expectations, and forward guidance was weak. Birkenstock's strategy of creating artificial scarcity is risky and could backfire, giving competitors an opportunity to capture unmet demand. Despite generating significant cash flow and reducing net debt, the high valuation, and potential governance issues remain major concerns. BalkansCat We wrote an article shortly after Birkenstock Holding plc ( NYSE: BIRK ) went public where we shared our skepticism about the company's valuation. There is no doubt that they own a valuable brand for which many consumers are willing to pay a premium, but that was already reflected in the share price and then some. While shares are trading at a slightly higher price today, they have signific
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BIRK
News
- Is Birkenstock Holding plc (NYSE:BIRK) Trading At A 23% Discount? [Yahoo! Finance]Yahoo! Finance
- Birkenstock Announces Fourth Quarter and Full Fiscal Year 2024 (Ended September 30, 2024) Results Date and Conference CallAccesswire
- Is the Options Market Predicting a Spike in Birkenstock Holding PLC (BIRK) Stock? [Yahoo! Finance]Yahoo! Finance
- Birkenstock Holding: Undervalued, With Tailwinds Ahead [Seeking Alpha]Seeking Alpha
- Birkenstock Holding plc (NYSE: BIRK) was given a new $60.00 price target on by analysts at BTIG Research. They now have a "buy" rating on the stock.MarketBeat
BIRK
Earnings
- 8/29/24 - Miss
BIRK
Sec Filings
- 11/14/24 - Form SC
- 11/7/24 - Form 6-K
- 9/13/24 - Form 144
- BIRK's page on the SEC website