Birkenstock Holding PLC
NYSE:BIRK
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Birkenstock Holding PLC
Gross Profit
Birkenstock Holding PLC
Gross Profit Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Gross Profit | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
Birkenstock Holding PLC
NYSE:BIRK
|
Gross Profit
€1.1B
|
CAGR 3-Years
34%
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
||
Dr Martens PLC
LSE:DOCS
|
Gross Profit
ÂŁ575.2m
|
CAGR 3-Years
7%
|
CAGR 5-Years
17%
|
CAGR 10-Years
N/A
|
Birkenstock Holding PLC
Glance View
Birkenstock Holding PLC, a symbol of comfort, craftsmanship, and longstanding tradition, has cemented its position in the global footwear industry through innovation while steadfastly adhering to its heritage. Born in Germany with roots tracing back to 1774, the company is synonymous with its meticulously crafted contoured footbeds that have earned a loyal following over centuries. Birkenstock operates with a straightforward but effective business model: it designs, manufactures, and sells high-quality, ergonomic footwear. The fundamental philosophy revolves around sustainability and precision, using premium materials like cork, natural latex, and jute, which sets the brand apart in a crowded market. This commitment to quality and support for a natural walking experience underpins Birkenstock’s success, ensuring customer loyalty and repeat purchases. The financial engine of Birkenstock is driven primarily by its retail and wholesale distribution channels, spanning direct-to-consumer online platforms, brand-owned stores, and partnerships with high-end retailers. A pivotal component of its strategy is to capitalize on the growing trend of wellness and comfort in fashion, which has broadened its appeal beyond traditional markets. The company has further diversified its portfolio with lifestyle products, including sleep systems and natural cosmetics, all harmonizing with the brand’s emphasis on well-being. Leveraging its storied heritage, Birkenstock has adeptly navigated economic challenges, balancing tradition with modern sensibilities to generate revenue and sustain growth, while constantly redefining the intersection between footwear, health, and lifestyle.
See Also
What is Birkenstock Holding PLC's Gross Profit?
Gross Profit
1.1B
EUR
Based on the financial report for Sep 30, 2024, Birkenstock Holding PLC's Gross Profit amounts to 1.1B EUR.
What is Birkenstock Holding PLC's Gross Profit growth rate?
Gross Profit CAGR 3Y
34%
Over the last year, the Gross Profit growth was 15%. The average annual Gross Profit growth rates for Birkenstock Holding PLC have been 34% over the past three years .