
Birkenstock (NYSE:BIRK) Sets New 1-Year Low - Here's Why

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Birkenstock (NYSE:BIRK) shares hit a new 52-week low at $32.44, closing at $33.0470, down 12.9%. Despite an 8% revenue growth and reaffirmed full-year targets of 13-15%, the company reported disappointing Q2 earnings with EPS of $0.58, below the expected $0.70. Analysts maintain a "Moderate Buy" consensus with a price target averaging $59.41. Factors like U.S. tariffs and currency fluctuations are impacting margins, leading to a cautious outlook among investors. Institutional ownership stands at 19.93%.
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