Birkenstock Holding traded at $43.11 this Wednesday July 15th, decreasing $1.25 or 2.82 percent since the previous trading session. Looking back, over the last four weeks, Birkenstock lost 11.97 percent. Over the last 12 months, its price fell by 9.70 percent. Looking ahead, we forecast Birkenstock Holding to be priced at 44.62 by the end of this quarter and at 42.16 in one year, according to Trading Economics global macro models projections and analysts expectations.
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, anchored by its Core Silhouettes, the Madrid, Arizona, Boston, Gizeh and Mayari. 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 produce all its footbeds in Germany. In addition, it assembles the majority of its products in Germany and produce the remainder elsewhere in the European Union. 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.