Birkenstock Holding plc (NYSE:BIRK) is listed as one of the 9 Best Footwear Stocks to Buy Now. Telsey Advisory maintains a Buy rating on BIRK with a price target of $70 after the company’s strong Q3 FY2025 results. Revenue reached $739.62 million, showing a 16% growth in constant currency. Birkenstock saw double-digit growth across all regions and segments, with the B2B channel outpacing D2C. The company plans to expand its retail presence and aims to have around 100 stores by the end of FY2025. Birkenstock focuses on manufacturing and selling footwear products, including sandals, shoes, closed-toe silhouettes, and accessories.
Read more at Yahoo Finance: Telsey Advisory Maintains Buy Rating on Birkenstock Holding, Keeps PT at $70
