Birkenstock: Robust EPS, Revenue Miss

Birkenstock (NYSE:BIRK), known for its iconic footwear, presented its first quarter results for fiscal 2025 on Feb. 20. Although revenue missed analyst expectations, the company reported robust earnings per share (EPS) thanks to increased demand for closed-toe products. The results displayed mixed signals with a notable EUR 0.18 in adjusted EPS, surpassing the forecast of EUR 0.17, and revenue at EUR 362 million, which was slightly below the predicted EUR 373 million. This quarter reflects a strong demand despite some revenue challenges.Source: Analyst estimates for the quarter provided by FactSet.Birkenstock, founded in 1774, stands as a leading global footwear brand, celebrated for its sandals and shoes. Beyond footwear, it offers closed-toe products, skincare, and accessories. The business ensures its global reach through a blend of e-commerce, owned stores, and business-to-business (B2B) channels. Ensuring product diversification and geographic expansion remain crucial for its growth. Recently, focus has been on bolstering production capabilities and maintaining a balanced product mix.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool