NYSE:BIRK - New York Stock Exchange, Inc. - JE00BS44BN30 - Common Stock - Currency: USD
Based on technical and fundamental analysis of NYSE:BIRK we find: BIRKENSTOCK HOLDING PLC (NYSE:BIRK) qualifies as a high growth stock and is consolidating.
Birkenstock saw “strong double-digit revenue growth across all segments” including 16% in the Americas, 17% in EMEA and 47% in APAC.
Stocks tumbled Thursday, with all major indices in the red, one day after the S&P 500 notched another all-time high in Wednesday’s trading session.
Birkenstock reported better-than-expected earnings per share but missed revenue estimates, signaling strong overall demand despite some sales challenges.
Birkenstock Holding Plc said sales of its high-end sandals and clogs accelerated in its most recent quarter, bolstering the German shoe company’s efforts to show investors it can stay fashionable.
The company reaffirmed its earlier guidance for FY 2025.
The upgraded 72 RS Rating shows that highly ranked Skechers tops more than 70% of all other stocks for price performance this past year.
Mentions: SKX
Check out these three retail footwear & apparel stocks that can build off of their success in 2024 and keep rising in the new year.
Micron, Vertex, Novo Nordisk and Nike were notable losers on news.
On Wednesday, Birkenstock Holding stock received an upgrade to its Relative Strength (RS) Rating, from 69 to 73.
Mentions: DECK
Checkr Group Inc., the background-check vendor that got its start screening couriers and rideshare drivers, has more than tripled its revenue in two years as its customer base has grown to include more large enterprises.