Birkenstock Holding (BIRK) Tops Q@ EPS by 3c; Raises Forecast
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Birkenstock Holding plc (BIRK) PT Raised to $65 at Jefferies
May 30, 2024 4:05 PM EDTJefferies analyst Randal Konik raised the price target on Birkenstock Holding plc (NYSE: BIRK) to $65.00 (from $60.00) while maintaining a Buy rating.
The analyst comments "BIRK reported solid 2Q results, with the company generating DD% sales growth across both channels and all regions. Closed-toe strength was... More
Citi Reiterates Buy Rating on Birkenstock Holding plc (BIRK)
May 30, 2024 7:32 AM EDTCiti analyst Paul Lejuez reiterated a Buy rating and $55.00 price target on Birkenstock Holding plc (NYSE: BIRK).
The analyst comments "Momentum continued in 2Q with reported sales growth +22% (cc +23%) beating cons +18% driven by beats across every region. In the Americas (BIRKs most mature... More
Birkenstock shares soar 12% on beat-and-raise Q1 print; analysts remain bullish
May 30, 2024 6:04 AM EDT(Updated - May 30, 2024 9:59 AM EDT)
Birkenstock Holding (NYSE: BIRK) saw its shares surge more than 12% at the market open Thursday after the German shoemaker reported Q2 earnings and revenue that beat analyst expectations and raised full-year guidance.
The companys earnings per share (EPS) in the quarter came in at EUR 0.38, topping the analyst estimates of EUR 0.35. Revenue rose to EUR 481.2 million, also above the consensus projection of EUR 465.4 million.
Birkenstocks... More
