Birkenstock: Stellar Growth In Asia And Closed-Toe Shoes
- Birkenstock stock remains a long-term hold despite a 20%+ run-up year to date. The company's Q2 earnings release showed slightly accelerating revenue growth, with continued performance in Asia and strong sell-through results in Europe. The company is also noting that closed-toe shoes, in particular clogs, are making up a larger share of its revenue.
- 06/11/2024
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How Birkenstock Became A Luxury Brand With 'Succession'-Level Drama
- This week's Bloomberg Businessweek article explores how the 250-year-old German orthopedic shoe company with Succession-level family drama transformed itself into a luxury behemoth. Shares in the company have rallied nearly 30% over the past month since it posted robust earnings and raised its forecast for the year as consumers snapped up its high-end sandals and clogs.
- 06/05/2024
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Birkenstock Looks Like a Fit in Any Growth-Oriented Portfolio
- Birkenstock Holding plc NYSE: BIRK delivered a stellar earnings report, and BIRK stock continues to soar as the broader market reprices equities in anticipation of higher-for-longer interest rates amidst persistent inflation.
- 06/04/2024
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Four Stocks Making New Highs Despite Market Weakness
- Despite the market's dramatic sell-off on Friday, some stocks showed impressive strength by making new 52-week highs. While big tech led the market decline, these four stocks, Birkenstock, NetApp, Eli Lilly, and Aflac, demonstrated resilience and robust performance, along with displaying overall relative strength to the market and their respective sectors.
- 06/03/2024
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SKX or BIRK: Which Is the Better Value Stock Right Now?
- Investors with an interest in Shoes and Retail Apparel stocks have likely encountered both Skechers (SKX) and Birkenstock (BIRK). But which of these two stocks presents investors with the better value opportunity right now?
- 05/31/2024
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Birkenstock Announces June Conference Participation
- LONDON, UNITED KINGDOM / ACCESSWIRE / May 31, 2024 / Birkenstock Holding plc ("BIRKENSTOCK" or the "Company", NYSE:BIRK), today announces that senior management will participate at the following investor conferences: Baird Global Consumer, Technology & Services ConferenceDate: June 5th, 2024Presentation: 12:50 p.m. Eastern TimeLocation: New York City, NY 4th Annual Evercore ISI Consumer & Retail ConferenceDate: June 12th, 2024Presentation: 11:45 a.m.
- 05/31/2024
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Why Birkenstock Stock Hit an All-Time High Above $57 Per Share Today
- Birkenstock continues to grow at a double-digit rate and earn a nice profit. The company's growth is best in regions where its penetration is low, suggesting it could keep growing as it expands internationally.
- 05/30/2024
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Birkenstock Hits Record High on Booming Demand
- Shares of Birkenstock Holding Plc (BIRK) jumped to an all-time high Thursday when the maker of fashion footwear posted record second-quarter revenue and boosted its guidance on strong demand across all its segments.
- 05/30/2024
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Birkenstock Holding plc (BIRK) Q2 2024 Earnings Call Transcript
- Birkenstock Holding plc (NYSE:BIRK ) Q2 2024 Earnings Call Transcript May 30, 2024 8:00 AM ET Company Participants Megan Kulick - Director of IR Oliver Reichert - Director and CEO Erik Massmann - CFO Nico Bouyakhf - President, Europe Alexander Hoff - VP of Finance David Kahan - President, Americas Klaus Baumann - CSO Conference Call Participants Matthew Boss - JPMorgan Randy Konik - Jefferies Dana Telsey - Telsey Group Sam Poser - Williams Trading Simeon Siegel - BMO Mark Altschwager - Baird Sharon Zackfia - William Blair Erwan Rambourg - HSBC Adrien Duverger - Goldman Sachs Paul Lejuez - Citibank Jesalyn Wong - Evercore Jim Duffy - Stifel Operator Good morning, and thank you for standing by. Welcome to Birkenstock's Second Quarter Fiscal 2024 Earnings Conference Call.
- 05/30/2024
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Birkenstock rallies as its ups profits and sale guidance
- Birkenstock, the sandal maker, opened 12% higher after it upgraded its full-year revenue and profit forecasts following strong demand and increased full-price selling. Revenues for the 2024 financial year are now expected to reach between €1.77 billion and €1.78 billion, a lift from initial guidance of between €1.74 billion and €1.76 billion.
- 05/30/2024
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Birkenstock Nears Breakout As 'Strong Consumer Demand' Fuels Earnings
- Birkenstock jumped after the German shoemaker reported strong fiscal Q2 earnings and guided higher. Other footwear stocks are stepping up.
- 05/30/2024
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Birkenstock raises annual revenue forecast on strong footwear demand
- Birkenstock raised its annual revenue forecast on Thursday, as the German sandal maker bets on benefits from full-price selling and strong demand for its closed-toe silhouettes and cork-based sandals.
- 05/30/2024
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SKX vs. BIRK: Which Stock Is the Better Value Option?
- Investors interested in stocks from the Shoes and Retail Apparel sector have probably already heard of Skechers (SKX) and Birkenstock (BIRK). But which of these two stocks presents investors with the better value opportunity right now?
- 04/30/2024
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Birkenstock Announces Second Quarter 2024 (Ended March 31, 2024) Results Date and Conference Call
- LONDON, UK / ACCESSWIRE / April 18, 2024 / Birkenstock Holding plc ("BIRKENSTOCK" or the "Company"), (NYSE:BIRK), announced today that the Company will report its second quarter 2024 (ended March 31, 2024) financial results on Thursday, May 30, 2024 before US market open. The Company will host a conference call and live webcast with the investment community at 8:00 a.m.
- 04/18/2024
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Birkenstock Announces Megan Kulick as Director Investor Relations
- LONDON, UK / ACCESSWIRE / April 16, 2024 / Birkenstock Holding plc ("BIRKENSTOCK" or the "Company") (NYSE:BIRK), announced today the appointment of Megan Kulick to Director Investor Relations, effective April 15, 2024. Based in New York, Ms.
- 04/16/2024
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Wall Street Favorites: 3 Under-$50 Stocks With Strong Buy Ratings for April 2024
- You don't need a lot of money to start building a position in a stock. Shares of many well-known and established companies can be purchased for under-$50.
- 04/10/2024
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What Is Going on With IPOs Right Now?
- In today's episode of the 24/7 Wall St.
- 04/04/2024
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Birkenstock shares slide 8% after sandal maker posts loss in its second report as public company
- Birkenstock Holdings Plc's stock tumbled 8% Thursday, after the German sandal and clog maker posted another quarterly loss in its second earnings report as a public company.
- 02/29/2024
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Birkenstock Holding plc (BIRK) Q1 2024 Earnings Call Transcript
- Birkenstock Holding plc (BIRK) Q1 2024 Earnings Call Transcript
- 02/29/2024
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Birkenstock price hikes help drive sales beat
- Birkenstock traded flat in the US premarket on Thursday as earnings slumped despite the sandal maker beating revenue guidance over the festive period. Revenues jumped 26% year-on-year to €303 million, beating out Wall Street predictions of just over €288 million, largely a result of both higher prices and increased demand in the States.
- 02/29/2024
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Newly listed Birkenstock beats revenue expectations on higher pricing, U.S. demand
- Birkenstock reported its holiday quarter results Thursday after it posted a record-breaking end to its last fiscal year.
- 02/29/2024
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Birkenstock Reports Record First Quarter 2024 Revenue, up 26%
- LONDON, UK / ACCESSWIRE / February 29, 2024 / BIRKENSTOCK (NYSE:BIRK) will host a call to discuss fiscal first quarter 2024 results on February 29, 2024, at 8:00 a.m. Eastern Time (1:00 p.m.
- 02/29/2024
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Birkenstock beats revenue estimates on robust demand, higher prices
- Birkenstock beat market expectations for first-quarter revenue on Thursday, as the German sandal maker gained from the full-price selling of its footwear and rising U.S. demand for more casual cork-based shoes.
- 02/29/2024
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Should You Buy Birkenstock Holding (BIRK) Ahead of Earnings?
- Birkenstock Holding (BIRK) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
- 02/28/2024
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3 Top Apparel Stocks Dressing Up for Sky-High Returns
- The revenue of the global luxury apparel sector is expected to jump from $63 billion in 2023 “to $93.1 billion by 2030,” according to Fortune Business Insights. That increase would represent a fairly impressive compound annual growth rate of 5.74%.
- 02/22/2024
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3 Hidden-Gem E-commerce Stocks Ready to Ride a Massive Market Wave
- A few hours before writing this, I got an email letting me know packages had arrived at my door. It's a recurring theme at our house and probably yours too.
- 02/15/2024
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Birkenstock, Stock Of The Day, Is Primed To Uncork A Breakout
- A shift in demand toward premium products and strong pricing power has helped Birkenstock.
- 02/14/2024
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Birkenstock: Right Time To Buy
- Birkenstock: Right Time To Buy
- 01/30/2024
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Nvidia, Birkenstock, and 28 More Stock Picks From the Barron's Roundtable
- Our final group of pros say media, banks, REITs, and more look like winners this year.
- 01/26/2024
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Birkenstock Announces First Quarter Fiscal Year 2024 (Ended December 31, 2023) Results Date and Conference Call
- LONDON, UK / ACCESSWIRE / January 26, 2024 / Birkenstock Holding plc ("BIRKENSTOCK" or the "Company"), (NYSE:BIRK), announced today that the Company will report its first quarter fiscal year 2024 (ended December 31, 2023) financial results on Thursday, February 29, 2024 before US market open. The Company will host a conference call and live webcast with the investment community at 8:00 a.m.
- 01/26/2024
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Should you follow the analysts' lead on Birkenstock stock?
- Shares of Birkenstock Holdings plc NYSE: BIRK made a decent recovery after falling more than 10% from its closing price of $50 on January 17, 2024. The reason for the stock's decline was the results of Birkenstock's initial earnings report.
- 01/22/2024
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Birkenstock an attractive buy amid share price weakness, analysts say
- Birkenstock should be purchased by investors as its share price experiences weakness, analysts at Jefferies recommend. Shares of the sandal maker traded 2.3% lower at US$45 on Friday after the company reported its first quarter;s financial results following its initial public offering (IPO) on October 11, 2023.
- 01/19/2024
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Birkenstock disappoints with first profit warning post IPO
- Birkenstock warned its annual earnings would face pressure as it focuses on global expansion, disappointing investors in its first results since IPOing and causing shares to drop by as much as 14%. Executives at the sandal maker revealed plans to increase prices on its products this year, acknowledging they had "underestimated the inflation effects" in fiscal 2023.
- 01/19/2024
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Birkenstock will report earnings for the first time since going public next week, but will its stock take a step forward or back?
- Birkenstock is scheduled to report quarterly earnings for the first time since its October IPO before the market opens on January 18 The iconic German shoe company is protected to post fiscal 2023 fourth-quarter earnings of $0.18 per share on revenue of 391.16 million. Back in November, analysts at Jefferies initiated coverage of Birkenstock with a Neutral rating and $44 price target, calling the company “a differentiated brand with strong growth at a fair price.
- 01/10/2024
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Birkenstock Announces Fourth Quarter and Full Fiscal Year 2023 Results Date and Conference Call
- LONDON, UK / ACCESSWIRE / January 8, 2024 / Birkenstock Holding plc ("BIRKENSTOCK" or the "Company") (NYSE:BIRK), announced today that the Company will report its fourth quarter and full fiscal year 2023 financial results on Thursday, January 18, 2024 before US market open. The Company will host a conference call and live webcast with the investment community at 8:00 a.m.
- 01/08/2024
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Reddit, Shein and Stripe may lead a revived IPO market in 2024
- The U.S. market for initial public offerings is expected to stage a recovery in 2024 from the drought of the last two years, buoyed by expectations the Federal Reserve will switch to a rate-cutting cycle and boost market conditions.
- 01/05/2024
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Retail sector seeing return to pre-pandemic shopping trends, says JPMorgan's Matthew Boss
- Matthew Boss, JPMorgan, joins 'Squawk on the Street' to discuss how Boss is picking winners in the retail space this holiday season, if the retail bullishness extends into 2024, and how margins will be impacted by lower margins.
- 12/05/2023
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Birkenstock's stock rises above IPO issue price for the first time
- Birkenstock Holdings PLC's stock BIRK reached its initial public offering issue price for the first time on Wednesday, about a month and a half after hitting markets. The stock has traded in a range of $45.15 to $46.24 so far in the session.
- 11/29/2023
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Birkenstock's stock closes a whisker below its IPO issue price for the first time
- Birkenstock Holding PLC's stock BIRK is edging close to its initial public offering price after closing Tuesday at $45.38, just below the IPO issue price of $46. The iconic German sandal-maker's stock has not yet traded at that level after it went public on Oct. 11.
- 11/29/2023
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2023's most anticipated IPOs weren't always the big winners
- So far in 2023, 146 companies have gone public in the U.S. markets, down 16.09% from the same time last year. Although the IPO market has been choppy amid higher interest rates and broad equity market uncertainty, the new companies as a whole have outperformed the S&P 500.
- 11/29/2023
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Shimmick Corp. is latest IPO to fail to reach issue price
- Shimmick Corp. SHIM, , a California construction company that specializes in public water infrastructure, has become the latest company to flounder in its trading debut, even after it downsized its IPO and priced below range. The company's deal priced at $7 a share on Monday, compared with a proposed price range of $10 to $12.
- 11/15/2023
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Analysts are going crazy for this one-month-old stock
- Despite giving investors a mild heart attack during the first few days of public trading, shares of Birkenstock Holding plc NYSE: BIRK have been putting in a good shift ever since. In one of the more high-profile IPOs of the year, not least because of how recognizable the brand is, the 250-year-old company went public last month and promptly fell more than 15% from its opening highs.
- 11/09/2023
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Why Birkenstock shares are fairly valued
- Following Birkenstock's entry into the US stock market less than a month ago, UBS has started its coverage with a neutral stance, suggesting only a modest rise from the current $41.55 to a target price of $44. The German sandal brand, known for its durable footwear, listed at $46 but has seen a slight decline since its lukewarm debut in October.
- 11/06/2023
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Wall Street bullish on Birkenstock stock
- Birkenstock (BIRK) has received bullish ratings from several Wall Street analysts, including a "buy" rating from both Citigroup (C) and Goldman Sachs (GS). The company made its market debut on October 11th, with shares currently down about 10% from its opening price.
- 11/06/2023
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BIRK Stock Alert: Goldman Sachs Is Pounding the Table on Birkenstock
- Birkenstock (NYSE: BIRK ) stock is a hot topic among traders on Monday as investors react to new coverage of the stock from Goldman Sachs. Goldman Sachs initiates coverage of BIRK stock with an “outperform” rating.
- 11/06/2023
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Analysts Take Mixed Stances on Footwear Newbie
- Birkenstock Holding PLC (NYSE:BIRK ) made its market debut a little less than one month ago, opening at $41 after setting a initial public offering (IPO) price of $46.
- 11/06/2023
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Birkenstock uses IPO proceeds for early repayment of loans
- Birkenstock Holding Plc BIRK, +4.32% said Thursday it has used the proceeds from its recent initial public offering for early loan repayment, that has reduced its leverage to 2.5 times. The German sandal maker said it's committing to a long-term leverage ratio target of below 1.0 times.
- 11/02/2023
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3 Best International Stocks to Buy in 2023
- Finding the best international stocks to buy can be tricky. With a few rare exceptions, overseas markets have trailed United States.
- 10/25/2023
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IPO No Go: All Four Recent Blockbuster Debuts Are Now Trading Below Debut Price
- Klaviyo became the latest multibillion-dollar, newly public firm to sink below its initial public offering price, joining Arm, Birkenstock and Instacart.
- 10/20/2023
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Birkenstock's stock up 4.5% to put it on track for first gain since IPO last week
- Birkenstock Holding PLC's stock BIRK, +3.41% rose 4.5% Monday, putting it on track for its first gain since it went public last week. The stock closed down 12.9% on its first day of trade to mark one of the worst debuts for a billion-dollar deal of the last decade, according to Renaissance Capital.
- 10/16/2023
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U.S. IPO Weekly Recap: Birkenstock Missteps In Public Debut
- U.S. IPO Weekly Recap: Birkenstock Missteps In Public Debut
- 10/14/2023
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Birkenstock IPO: Can the Sandal-Maker Be the Next Big Footwear Stock?
- Birkenstock fell 12% in the first session after its IPO on Wednesday. The company has delivered strong growth over the last decade.
- 10/13/2023
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Birkenstock shares plummet in first days of trading
- Birkenstock, the sandal retailer, shares experienced a 6% decline on Thursday, intensifying losses after its lacklustre Wall Street debut the previous day. During its initial session, Birkenstock's stock plummeted over 12% from its initial public offer price of US$46, despite raising US$1.48 billion.
- 10/13/2023
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From Birkenstock to Instacart: IPOs are in a rut
- When a company goes public it's kind of like their bar mitzvah. They've reached adulthood and are ready to take responsibility for their actions.
- 10/12/2023
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7 Stocks to Buy With Your 2024 Social Security Increase
- The Social Security cost of living adjustment (COLA), which is tied to the rate of inflation, was a whopping 8.7% this year. It is expected to be around 3.2% for 2024.
- 10/12/2023
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New IPOs fizzle out: What's behind the tumbles
- CNBC's Deirdre Bosa reports on developments from new initial public offerings.
- 10/12/2023
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Birkenstock's stock loses footing in second day on Wall Street
- Shares of Birkenstock dropped 6% on Thursday, deepening losses after the German luxury sandal seller stumbled the day before in its Wall Street debut.
- 10/12/2023
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BIRK Stock Alert: Birkenstock Falls 5% on First Full Trading Day
- For investors who enjoy dissecting initial public offerings (IPOs), this year has been much better than 2022. The IPO market has bounced back slightly, after all but shutting down last year.
- 10/12/2023
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Birkenstock Stock: Sandals On Sale
- Birkenstock Holding Limited shares fell 12% on their public debut, still resulting in high valuations that apparently are unappealing to many investors. The company has seen impressive growth under CEO Oliver Reichert, with revenues quadrupling from 2014 to 2022. Birkenstock is a niche player in the global footwear industry, with ample growth opportunities as consumers seek healthier and better products.
- 10/12/2023
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Birkenstock's stock slides another 3.5% as post-IPO weakness persists
- Birkenstock Holding PLC's stock BIRK, -4.09% fell another 3.5% on Thursday, extending the losses seen in their trading debut a day earlier. The stock closed down 12.6% on Wednesday at $40.20, well below the IPO issue price of $46.
- 10/12/2023
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Birkenstock kicks off first full day of trading
- Birkenstock shares trend lower after Thursday's opening bell, beginning the German footwear brand's first full day of trading on the Nasdaq. Its stock closed Wednesday lower than its initial IPO price per share.
- 10/12/2023
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Shares Down 13%, Birkenstock Won't Revive The IPO Market
- Birkenstock's Busted IPO Birkenstock decided to set its IPO price high and investors voted with their feet.
- 10/12/2023
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Birkenstock Is Walking On Air
- Birkenstock, a German footwear maker, went public Wednesday. The company's guiding principle is "Walking Naturally", and its footwear is designed for comfort and foot health. BIRK has experienced significant growth, but its profitability is weak, and 76% of the offer price is based on assumptions about future growth.
- 10/12/2023
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Birkenstock opens at $41 a share below IPO price of $46
- Yahoo Finance anchor Jared Blikre breaks down the disappointing Birkenstock IPO which opened below the anticipated $46 a share.
- 10/11/2023
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Top news stories October 11, 2023: Birkenstock IPO, House speaker, Chipotle price hikes
- Birkenstock (BIRK) shares tumble below its initial IPO share price in its IPO debut on the Nasdaq. House Republicans nominate Rep.
- 10/11/2023
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Birkenstock left flat-footed by underwhelming IPO debut
- Shares of the 250-year-old German sandal maker started trading at $41 after the IPO had priced at $46.
- 10/11/2023
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StockX CEO Scott Cutler weighs in on Birkenstock's IPO, which closed lower on first trading day
- Scott Cutler, StockX CEO, joins 'Closing Bell: Overtime' to discuss Birkenstock IPO.
- 10/11/2023
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Birkenstock stock opens at $41 per share, lower than IPO price
- Shares of German footwear brand Birkenstock (BIRK) opened lower in its IPO debut on the Nasdaq. The stock began trading on Wednesday at $41 per share, $5 off its initial listing price of $46 per share.
- 10/11/2023
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Birkenstock finishes first US trading day on the back foot
- Birkenstock finished its first trading day on the New York Stock Exchange Wednesday 12.6% lower. Shares of the German sandal maker closed at about US$40 after opening at about US$41, below its initial public offering (IPO) pricing of US$46 per share.
- 10/11/2023
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Birkenstock Opens for Trading 11% Below IPO Price
- Birkenstock Holding Plc's shares opened trading 11% below their price in the company's $1.48 billion initial public offering. It's the worst opening for a listing of $1 billion or more in New York in over two years.
- 10/11/2023
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Three-Stock Lunch: Birkenstock & Exxon Mobil
- Michael Landsberg, Landsberg Bennett Private Wealth Management CIO, joins 'Power Lunch' to discuss two stocks: Birkenstock & Exxon Mobil.
- 10/11/2023
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Birkenstock Shares Tank 12% From IPO Price In Rare Debut Unlacing
- The 249-year-old German sandal maker proved to be an unwanted debutante, underperforming Arm, Instacart and Klaviyo's 15% average rise in their September debuts.
- 10/11/2023
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Birkenstock loses 10% in NYSE debut: going public was ‘the second-best option'
- Birkenstock slipped over 10% as it debuted on the New York Stock Exchange on Wednesday. It's trading at $41 at writing – a day after pricing its initial public offering at $46.
- 10/11/2023
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Birkenstock shares open below offer price in US stock market debut
- Shoemaker lands on NYSE with $8.3bn valuation but analysts warn public debut comes amid difficult market conditions
- 10/11/2023
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Birkenstock shares open below initial pricing at $41
- Shares of Birkenstock opened 11% below their initial public offering (IPO) price on Wednesday as investors proceeded with caution following the mixed performance of recent high-profile listings. Birkenstock shares debuted at $41 per share on the New York Stock Exchange under the ticker symbol “BIRK,” valuing the company at about $8.32 billion.
- 10/11/2023
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Birkenstock slides about 10% in stock market debut after opening at $41 per share
- Jeff Kilburg, KKM Financial founder and CEO, and CNBC's Leslie Picker join 'The Exchange' to discuss the Birkenstock IPO opening, competition in the footwear space, and the health of the IPO market.
- 10/11/2023
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Birkenstock opens trading at $41 after getting priced at $46 per share
- CNBC's Deirdre Bosa, joins 'The Exchange' to discuss Birkenstock dropping $5 off its IPO price, the state of direct-to-consumer retail models, and Birkenstock's unique approach to DTC business.
- 10/11/2023
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Birkenstock Shares Fall in Stock-Market Debut
- Birkenstock shares declined in their stock-market debut Wednesday, a potential blow to an IPO market that was just showing signs of recovery.
- 10/11/2023
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Birkenstock's stock falls 10% in trading debut after IPO priced at lower end of range
- Iconic German sandal maker Birkenstock Holdings Ltd.'s stock fell 10% out of the gate in its trading debut Wednesday, signaling that investors remain cautious about new deals and the casual-footwear market remains competitive.
- 10/11/2023
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Birkenstock opens at $41 per share in market debut, after pricing IPO at $46
- German shoe brand Birkenstock made its market debut Wednesday after pricing its IPO at $46.
- 10/11/2023
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Birkenstock's stock opens down 10.4% in trading debut
- Iconic German sandal maker Birkenstock Holdings PLC's stock BIRK, opened at $41.20 in its trading debut Wednesday, down 10.4% from its issue price of $46. The initial public offering priced late Tuesday, a bit shy of the midpoint of its expected range, as investors remain cautious about new public debuts and the casual-footwear market remains competitive.
- 10/11/2023
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Birkenstock's revenue growth 'secret sauce' is DTC business
- CNBC's Deirdre Bosa reports on the most recent IPO to trade.
- 10/11/2023
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Birkenstock belongs to be public, and that's been the intent all along, says L Catterton's Thukral
- Nikhil Thukral, L Catterton managing partner, joins 'Squawk on the Street' to discuss what changes Thukral made that drove the upside in Birkenstock's valuation, why Birkenstock was determined to go public now, and more.
- 10/11/2023
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Birkenstock set to debut below offering price: report
- Birkenstock shares are set to open as much as 13% lower than their initial public offering (IPO) price on Wednesday, according to a Reuters report. The German sandal-marker priced its IPO on the New York Stock Exchange at $46, with shares set to open between $40 and $42, per the report.
- 10/11/2023
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German sandal maker Birkenstock set to open below its IPO issue price
- Iconic German sandal maker Birkenstock looked set to fall in its trading debut Wednesday, with indications showing it may open between $42 and $44, below its issue price of $46. The initial public offering priced late Tuesday, a bit shy of the midpoint of its expected range, as investors remain cautious about new public debuts and the casual-footwear market remains competitive.
- 10/11/2023
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Birkenstock CEO Oliver Reichert on stock market debut
- Birkenstock CEO Oliver Reichert joins 'Squawk on the Street' to discuss why now is the right time to go public, how Reichert has kept the brand relevant, and more.
- 10/11/2023
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Birkenstock IPO Raises $1.4 Billion at Over $9 Billion Valuation
- German shoe retailer Birkenstock has raised $1.4 billion in its initial public offering (IPO). The company set the price of its shares in the middle of the range it had initially sought, valuing Birkenstock at over $9 billion, The New York Times reported Wednesday (Oct. 11).
- 10/11/2023
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Birkenstock launches IPO in New York, share valued at US$46
- Birkenstock, the German sandal maker, has IPO-ed on the New York Stock Exchange at US$46, valuing the company at US$8.64 billion and raising an additional US$1.48 billion. Marking the fourth big-name listing in the US in as many weeks following IPOs from Instacart (NASDAQ:CART), Arm and Klaviyo, Birkenstock, which is owned by L Catterton, will be trading under the BIRK ticker.
- 10/11/2023
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Birkenstock Steps Into NYSE Today, Here's What To Expect From The IPO
- Shares of German sandal maker, Birkenstock, will make their debut under the 'BIRK' ticker on the New York Stock Exchange today. The company priced the initial public offering at $46 a share, the middle of the range it had earlier anticipated, raising about $1.48 billion and valuing the company at roughly $8.6 billion.
- 10/11/2023
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BIRK Stock Alert: 7 Things to Know as Birkenstock Starts Trading Today
- German sandal maker Birkenstock (NYSE: BIRK ) priced its initial public offering (IPO) for BIRK stock at $46 per share as it prepared for trading today, October 11. Birkenstock is backed by luxury conglomerate LVMH (OTCMKTS: LVMUY ), which acquired a stake in the family-owned company in 2021.
- 10/11/2023
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Birkenstock will be valued at just under $9 billion as the sandal maker gets ready to make its stock-market debut via an IPO
- Birkenstock priced its IPO at $46 a share Tuesday. The sandal maker is set to debut on the New York Stock Exchange Wednesday at an $8.6 billion valuation.
- 10/11/2023
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LVMH loves Birkenstock as IPO kicks off
- LVMH has provided backing for Birkenstock through a private equity firm. The popular sandal maker will make its New York Stock Exchange debut on Wednesday morning at $46 per share.
- 10/11/2023
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Birkenstock is now an $8 billion company
- It's official: Birkenstock will be making its debut on the New York Stock Exchange tomorrow under the ticker symbol BIRK.
- 10/10/2023
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Birkenstock's IPO Prices Near Midpoint for $1.48 Billion
- Birkenstock Holding Plc, the German company best known for its broad-strapped leather sandals befitting monks and moguls alike, has priced its initial public offering at $46 a share in the fourth big test of the US IPO market in a month. Michael Hytha reports on Bloomberg Television.
- 10/10/2023
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Birkenstock has a lot more growth ahead of it, says Storch Advisors CEO
- Gerald Storch, Storch Advisors CEO, joins 'Closing Bell: Overtime' to discuss Birkenstock ahead of its expected IPO launch.
- 10/10/2023
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Birkenstock expected to price IPO at $46
- CNBC's Leslie Picker joins 'Closing Bell: Overtime' to report on Birkenstock's IPO pricing according to sources.
- 10/10/2023
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Birkenstock Sets $46 Per Share IPO Price
- The footwear company's stock will begin trading Wednesday, more than two years after it was acquired by LVMH-backed private equity firm L Catterton.
- 10/10/2023
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What to watch for Wednesday October 11, 2023: September PPI, Fed minutes, Birkenstock IPO,
- The September Producer Price Index (PPI) will be released on Wednesday, October 11, giving investors a look into inflation. The minutes from the Federal Reserve's September meeting will also be released Wednesday afternoon, providing insight into the policymakers' actions.
- 10/10/2023
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Birkenstock prices IPO near midpoint at $46 per share
- Birkenstock, the iconic German sandal brand, expects to price its initial public offering at $46, the Wall Street Journal reported Tuesday. That falls squarely in the middle of its expected range of $44 to $49 per share and gives the company a tentative valuation of roughly $8.64 billion.
- 10/10/2023
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Birkenstock reportedly prices IPO at $46 per share
- Birkenstock (BIRK) is set to make its trading debut on October 11. It's set to list at $46 a share, according to a report from the Wall Street Journal.
- 10/10/2023
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Birkenstock is expected to price its IPO at $46 per share
- Birkenstock – one of the most well-known German footwear brands is reportedly considering pricing its initial public offering at $46 per share. Birkenstock tentatively valued at $8.64 billion If the Neustadt-headquartered company does indeed go public at that price, it will command a valuation of about $8.
- 10/10/2023
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Birkenstock prices US IPO at $46 per share -sources
- German premium footwear Birkenstock Holding priced its U.S. initial public offering (IPO) at $46 per share on Tuesday afternoon at the middle of its indicated price range, people familiar with the matter said.
- 10/10/2023
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Birkenstock expects to prices IPO at $46 per share, toward midpoint of stated range
- German shoemaker Birkenstock is expected to price its IPO at $46 per share on Tuesday.
- 10/10/2023
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Birkenstock prices IPO at $46 a share: reports
- German sandal maker Birkenstock has priced its initial public offering at $46 a share, according to reports from Bloomberg and the Wall Street Journal. The company had expected an IPO price of between $44 and $49 a share.
- 10/10/2023
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Birkenstock Prices IPO at $46 A Share
- German shoemaker provides first big test of new-issue market since a trio of marquee offerings last month.
- 10/10/2023
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Birkenstock's IPO Is Here. What to Expect Before the Shares Start to Trade.
- The German shoe maker expects to price its IPO between $44 and $49 per share.
- 10/10/2023
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Birkenstock Stock IPO Looks Richly Priced
- The maker of the popular and venerable sandals featured in the Barbie movie plans to go public later Tuesday at a valuation of about $9 billion.
- 10/10/2023
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U.S. IPO Weekly Recap: Birkenstock Launches Its Billion-Dollar IPO As Fall Pipeline Builds
- The week's sole new listing, specialty grocer Maison Solutions raised $10 million at a $74 million market cap. As of 10/5/2023, the Renaissance IPO Index was up 23.1% year-to-date, while the S&P 500 was up 12.3%. Birkenstock Holdings' billion-dollar IPO is currently the only deal scheduled for the week ahead.
- 10/09/2023
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Jim Cramer takes a closer look at the IPO market as Birkenstock gets set to go public this week
- 'Mad Money' host Jim Cramer looks at the IPO market to see if it can make a comeback.
- 10/09/2023
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Jim Cramer evaluates Birkenstocks potential ahead of its IPO
- 'Mad Money' host Jim Cramer looks at the IPO market to see if it can make a comeback.
- 10/09/2023
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Jim Cramer says investors should wait and see with Birkenstock's IPO
- CNBC's Jim Cramer on Monday told investors they may be wise to sit out Wednesday's Birkenstock IPO.
- 10/09/2023
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Birkenstock IPO: Checklist of what investors should look for
- Birkenstock plans to go public this week following other debuts from companies like Arm Holdings (ARM), Instacart (CART), and Klaviyo (KYVO). Torch Capital's founder and managing partner, Jon Keidan, says he's been advising companies to wait until next year, at the earliest, before they go public.
- 10/09/2023
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Birkenstock IPO expected to prove the next test of investor appetite for deals
- The initial-public-offering market is gearing up for the arrival of the Birkenstock deal this week, with the iconic German sandal maker expected to price its stock on Tuesday for a Wednesday debut.
- 10/09/2023
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Birkenstock shoes in hospitals, on runways and in 'Barbie'
- Birkenstock has seen increases in the popularity of its brand over the years, with its various shoe styles appearing in places ranging from hospitals and fashion runways to the "Barbie" movie.
- 10/09/2023
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Birkenstock to IPO at top end of valuation on Wednesday - report
- Birkenstock Holding is expecting to price its IPO at the top end of its range after having garnered enough investor commitments to reach a $10 billion valuation, reports revealed on Monday. Listing at between $44 and $49 per share, the sandal company is expected to finalise its pricing on Tuesday, before the shares debut on the New York Stock Exchange on Wednesday.
- 10/09/2023
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Invisible, Yet Invaluable: Valuing Intangibles In The Birkenstock IPO
- Birkenstock generated revenues of $1.4 billion in the twelve months leading into its initial public offering, with an expectation of more growth in the future. Unlike some of its designer and brand name peers, the company's products are not exorbitantly overpriced and the company's bestseller, the Arizona, sells for close to $100. Birkenstock is a good vehicle for identifying and valuing intangibles, since it has so many of them, with some more sustainable and more valuable than others.
- 10/07/2023
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The Birkenstock IPO Is Coming. Nobody Mention Crocs.
- The private-equity owner of the orthopedic-sandal brand hopes to double its money in less than three years with a blistering $11 billion valuation.
- 10/06/2023
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Birkenstock May Struggle to Find Footing in Rocky IPO Market
- Birkenstock may need a bigger toe-hold in the direct-to-consumer market before it goes public. That's according to a Thursday (Oct. 5) report by Reuters, citing comments from investors and analysts who say the sandal-maker needs to increase sales via its website and boutiques before its initial public offering (IPO) next week.
- 10/05/2023
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Focus: Birkenstock the latest shoe IPO to drop in a tough market
- Sandal company Birkenstock needs to sell more clogs and boots and boost sales from its own website and boutiques to attract new shoppers amid a cost of living crisis, investors and analysts said before it lists on the New York Stock Exchange next week.
- 10/05/2023
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Birkenstock's valuation is too high and investors may not make money in its IPO, analyst says
- If the valuation is sky-high, that may be something of a red flag, according to David Trainer, chief executive of independent equity research company New Constructs. The company uses machine learning and natural-language processing to parse corporate filings and model economic earnings, although its research has encountered pushback.
- 10/04/2023
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Birkenstock Proposes Terms For $1.5 Billion IPO
- Birkenstock Holding Limited plans to raise $1.5 billion in an IPO, with proceeds going to the firm and to its private equity shareholder. Birkenstock is a UK-based company that designs and sells comfortable footwear, with its five best-selling silhouettes generating 76% of its revenue. I have concerns about consumer demand in the near term and the IPO appears pricey, so I'm Neutral [Hold] on the Birkenstock IPO.
- 10/03/2023
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Birkenstock could be worth $10 billion
- There's big money in trendy sandals.
- 10/03/2023
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Birkenstock readies for IPO, seeks $9.2 billion valuation
- Birkenstock is getting ready to make its stock market debut. The footwear company is seeking a valuation up to $9.2 billion and will trade on the New York Stock Exchange under the ticker "BIRK.
- 10/02/2023
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Birkenstock Seeks Up To $9.2 Billion Valuation In IPO—And Taps Billionaire Arnault's Son For Board
- The 31-year-old Alexandre Arnault, son of LVMH chairman Bernard Arnault, will serve on the board of the German sandal maker after it goes public.
- 10/02/2023
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Birkenstock seeks $9.2 billion valuation as it ploughs ahead with IPO
- Birkenstock plans to price its shares between $44 and $49 each in its upcoming initial public offering in New York, seeking a valuation of up to $9.2 billion, as it presses ahead with plans for its market debut. About 32.26 million shares will be sold in the IPO by the German sandal maker and its selling stockholders to raise $1.58 billion, according to a filing with the US Securities and Exchange Commission.
- 10/02/2023
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Birkenstock Targets $9.2 Billion Valuation. It's Another Test for the IPO Market.
- The premium footwear brand has priced its shares at between $44 and $49, and is aiming to raise up to $1.58 billion in its New York IPO.
- 10/02/2023
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Birkenstock seeks valuation of up to $9.2 billion in planned IPO
- Birkenstock Holding Ltd. set terms for its initial public offering on Monday with plans to offer 32.3 million shares priced at $44 to $49 each.
- 10/02/2023
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BIRK Stock Alert: Will a Government Shutdown Cancel the Birkenstock IPO?
- We were just starting to see some signs of life for companies looking to go public. Various initial public offerings put forward in recent months have gone surprisingly well.
- 09/29/2023
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Birkenstock Gears Up for IPO Roadshow
- Birkenstock is said to be preparing to roadshow its US IPO next week in the next test of demand for new listings. Ryan Gould reports on Bloomberg Television.
- 09/26/2023
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Report: Birkenstock Prepares for IPO, Targets $10 Billion Market Capitalization
- Birkenstock is reportedly gearing up for its highly anticipated initial public offering (IPO) with a target valuation of $10 billion. If successful, this move would position Birkenstock as the third-largest footwear company in terms of market capitalization, trailing only behind industry giants Nike and Deckers Outdoor Group, Seeking Alpha reported Tuesday (Sept.
- 09/26/2023
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Dear Potential BIRK Stock Investors, Mark Your Calendars for an October Birkenstock IPO
- Following a long drought in high-profile initial public offerings (IPOs), sandal maker Birkenstock is allegedly poised to help enliven proceedings. With the company targeting its public market debut in mid-October, hopes are running high that the Birkenstock IPO may go against the grain.
- 09/22/2023
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Has the Birkenstock IPO News Grabbed Your Attention?
- We also look at what's going on with oil, Apple, and Arm Holdings.
- 09/22/2023
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IPO market braces for first tech unicorns in nearly two years
- The initial public offering market, fresh off its biggest transaction of the year, is expected to welcome five deals this week, including two venture capital-backed companies that will be the first tech unicorns in nearly two years.
- 09/18/2023
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IPO market recovering with strong ARM and RayzeBio debuts; Instacart, Birkenstock and more to come
- The initial public offering (IPO) market is on track to continue accelerating in the last few months of 2023 and into the new year following a series of impressive debuts after a lull in high-profile listings. This week, ARM Holdings and RayzeBio both made a splash with their respective listings.
- 09/15/2023
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Birkenstock heads to Wall Street with IPO filing
- Birkenstock is heading for an initial public offering, with the company revealing its plans in a Tuesday filing with the Securities and Exchange Commission.
- 09/13/2023
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Birkenstock is going public: 5 things to know about the iconic German sandal maker.
- The iconic German sandal and clog maker Birkenstock, beloved of hippies and free spirits everywhere, is going public with plans to list on the New York Stock Exchange under the ticker symbol “BIRK.”
- 09/13/2023
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Birkenstock files for U.S. IPO in October
- German footwear brand Birkenstock has filed for a listing on the New York Stock Exchange in October, trading under the ticker BIRK. Yahoo Finance Live breaks down Birkenstock's IPO plans and its valuation ahead of its market debut.
- 09/13/2023
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German Footwear Brand Birkenstock Announces Plans for IPO in New York
- Birkenstock has filed to go public through an initial public offering (IPO) in New York. The German footwear brand did not specify in its Tuesday (Sept.
- 09/13/2023
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Birkenstock readies for IPO in New York
- Birkenstock, the gap year traveller's sandal maker of choice, has filed for an initial public offering with the New York Stock Exchange. An exact valuation hasn't been given yet.
- 09/13/2023
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Birkenstock files for IPO under ticker 'BIRK'
- CNBC's Andrew Ross Sorkin and Becky Quick report on news from Birkenstock, and BP.
- 09/13/2023
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Birkenstock heads for Wall Street in another blow to Europe
- German shoemaker Birkenstock has filed for an initial public offering in New York, becoming the latest European company to choose the United States as the place to raise money on the stock market.
- 09/13/2023
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Birkenstock warns in IPO filing that knock-offs on Facebook are a top risk
- The 249-year-old shoe company said in its IPO filing that knock-off brands have used social media to try and "trick users" into buying cheap fakes.
- 09/12/2023
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Birkenstock Files for IPO, Plans NYSE Listing
- Birkenstock Holding filed for an IPO, saying it intends to list on the NYSE. Bailey Lipschultz reports on Bloomberg Television.
- 09/12/2023
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Birkenstock Files For IPO Two Years After Its $4.3 Billion Acquisition
- Birkenstock filed for an initial public offering Tuesday, though it's unclear when the German footwear company, which is owned by Louis Vuitton Moët Hennessy-backed private equity firm L Catterton, will reveal its share price or terms of the share sale.
- 09/12/2023
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Birkenstock files for U.S. IPO on NYSE under 'BIRK'
- CNBC's Kate Rogers reports on breaking news of footwear brand Birkenstock filing to go public on the New York Stock Exchange.
- 09/12/2023
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