Birkenstock Holding plc operates through Birkenstock Group B.V. & Co. KG and its subsidiaries. Birkenstock is a global brand, which has developed a unisex portfolio of footbed-based products that serve consumers of all geographies, genders, ages, and income levels. Its proprietary footbed, which reflects the anatomy of the human foot, represents the foundation of its brand and products. It operates a vertically integrated manufacturing base and produces all its footbeds in Germany. BIRKENSTOCK offers a wide range of products that go beyond footwear, including sleep systems and natural cosmetics, catering to both entry-level and luxury markets. The Company operates its channels, utilizing the business-to-business (B2B) channel to facilitate brand accessibility while fully engaging consumers in its direct-to-consumer (DTC) channel, which offers its complete product range and access to its silhouettes.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 79.18% year-on-year.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 2.46B.
Undervalued
The company’s latest PE is 26.71, at a low 3-year percentile range.
Institutional Selling
The latest institutional holdings are 177.14M shares, decreasing 8.42% quarter-over-quarter.
Held by Ron Baron
Star Investor Ron Baron holds 7.84M shares of this stock.