Birkenstock Holding Begins U.S. IPO Process To Pay Down Debt

Summary

  • Birkenstock Holding Limited has filed for an IPO to raise $100 million, although the final figure may be higher.
  • The company designs and sells premium footwear products globally, with its top five silhouettes generating 76% of its revenue in fiscal 2022.
  • Birkenstock's top line revenue growth has declined in the most recent reporting period, and its selling and distribution efficiency has also decreased.
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Birkenstock shop in London

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A Quick Take On Birkenstock Holding Limited

Birkenstock Holding Limited (NYSE:BIRK) has filed to raise $100 million in an IPO of its ordinary Shares, according to an SEC F-1 registration statement.

The firm designs and sells premium footwear

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This article was written by

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Donovan Jones is a research specialist with 15 years of experience identifying opportunities for IPOs and public software companies.

He also leads the investing group IPO Edge, which offers actionable information on growth stocks through first-look IPO filings, previews on upcoming IPOs, an IPO calendar for tracking what’s on the horizon, a database of U.S. IPOs, and a guide to IPO investing to walk you through the entire IPO lifecycle - from filing to listing to quiet period and lockup expiration dates.

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Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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