Topics

Posted 10/3/2023, 1:57:00 AM

Birkenstock Going Public with $9.7 Billion Valuation in NYSE IPO This Month

Birkenstock is going public with a valuation of up to $9.7 billion in an IPO on the New York Stock Exchange this month.
The German sandal maker has seen a resurgence in popularity recently among celebrities and influencers.
Birkenstock was founded in 1774 and originally made orthopedic shoes before expanding into sandals.
The company sold a majority stake in 2021 to L Catterton and Bernard Arnault but remains headquartered in Germany.
Birkenstock reported revenue of €1.11 billion in the nine months ending June 2022, a 21% increase over the prior year period.

theguardian.com

Relevant topic timeline:

9/12/2023

Birkenstock Files for IPO, Warns Investors of Risks from Counterfeits Sold on Social Media

Birkenstock, the iconic sandal maker, has filed for an initial public offering (IPO) and warned investors about the risks posed by counterfeit products promoted on social media.

9/13/2023

250-Year-Old Birkenstock Pursues $8B+ IPO, Balancing Tradition and Innovation

German sandal company Birkenstock, known for its anatomically shaped cork-and-latex insoles, is set to become a publicly traded company on the New York Stock Exchange, with an expected valuation of over $8 billion.

9/14/2023

Wall Street Cautiously Optimistic After August Slump But Risks Remain for Stocks

Wall Street's optimism has modestly improved, but investors remain cautious due to concerns over inflation, a strong labor market, potential government shutdown, and elevated yields. Meanwhile, German shoemaker Birkenstock has filed for an initial public offering in New York, aiming for a valuation of over $8 billion.

10/2/2023

Birkenstock Seeks $9 Billion Valuation in NY IPO Amid Slumping Markets

German sandals maker Birkenstock is aiming for a valuation of up to $9.2 billion in its New York initial public offering (IPO), representing another test for the IPO market.

10/3/2023

Iconic sandal maker Birkenstock plans $10B NYSE listing after record growth

German shoemaker Birkenstock plans to sell shares for between $44 and $49 apiece in its upcoming IPO on the New York Stock Exchange, potentially valuing the company at up to $10 billion.

10/5/2023

Birkenstock Seeks Growth Despite Inflation, Aims for $1.5B IPO to Fund Online Sales

Sandal company Birkenstock needs to sell more clogs and boots and boost sales from its own website and boutiques to attract new shoppers amid a cost of living crisis, investors and analysts said before it lists on the New York Stock Exchange next week.

10/10/2023

Birkenstock Prices U.S. IPO at $46 Per Share, Raising $1.48 Billion

German premium footwear maker Birkenstock priced its U.S. initial public offering (IPO) at $46 per share, raising about $1.48 billion and valuing the company at $9.3 billion, despite market volatility and concerns about the outlook for new stock market launches.

10/11/2023

Iconic Sandal Maker Birkenstock Goes Public, Raising $1.48B in Blockbuster IPO

German sandal maker Birkenstock has raised $1.48 billion in its initial public offering (IPO), valuing the company at over $9 billion, as it aims to expand its business in Asia and the United States.

10/11/2023

Birkenstock Prices IPO at $46 Per Share, Valuing Iconic Sandal Maker at $8.6 Billion Despite Market Volatility

Birkenstock prices IPO at $46, valuing the company at $8.6 billion.

10/11/2023

Birkenstock Shares Slip on NYSE Debut as Investors Worry About Consumer Demand

Birkenstock's shares have opened 11% below their offer price on the company's US stock market debut, signaling concerns among investors about the sustainability of consumer demand for its popular cork-soled sandals.

10/11/2023

Birkenstock Shares Slide Below IPO Price in Trading Debut Amid Investor Caution Over Valuation

German sandal maker Birkenstock Holdings Ltd.'s stock fell 12.6% in its trading debut, reflecting investor caution towards new deals and a competitive casual-footwear market.

10/12/2023

Birkenstock Goes Public With $495 Million IPO Despite Lower-Than-Expected Share Price

German shoe and sandal maker Birkenstock went public on Wall Street, raising about $495 million in its Initial Public Offering (IPO) despite its shares opening lower than expected.

Topics

Posted 10/3/2023, 1:57:00 AM

Birkenstock Going Public with $9.7 Billion Valuation in NYSE IPO This Month

Birkenstock is going public with a valuation of up to $9.7 billion in an IPO on the New York Stock Exchange this month.
The German sandal maker has seen a resurgence in popularity recently among celebrities and influencers.
Birkenstock was founded in 1774 and originally made orthopedic shoes before expanding into sandals.
The company sold a majority stake in 2021 to L Catterton and Bernard Arnault but remains headquartered in Germany.
Birkenstock reported revenue of €1.11 billion in the nine months ending June 2022, a 21% increase over the prior year period.

theguardian.com

Relevant topic timeline:

9/12/2023

Birkenstock Files for IPO, Warns Investors of Risks from Counterfeits Sold on Social Media

Birkenstock, the iconic sandal maker, has filed for an initial public offering (IPO) and warned investors about the risks posed by counterfeit products promoted on social media.

9/13/2023

250-Year-Old Birkenstock Pursues $8B+ IPO, Balancing Tradition and Innovation

9/14/2023

Wall Street Cautiously Optimistic After August Slump But Risks Remain for Stocks

10/2/2023

Birkenstock Seeks $9 Billion Valuation in NY IPO Amid Slumping Markets

German sandals maker Birkenstock is aiming for a valuation of up to $9.2 billion in its New York initial public offering (IPO), representing another test for the IPO market.

10/3/2023

Iconic sandal maker Birkenstock plans $10B NYSE listing after record growth

German shoemaker Birkenstock plans to sell shares for between $44 and $49 apiece in its upcoming IPO on the New York Stock Exchange, potentially valuing the company at up to $10 billion.

10/5/2023

Birkenstock Seeks Growth Despite Inflation, Aims for $1.5B IPO to Fund Online Sales

10/10/2023

Birkenstock Prices U.S. IPO at $46 Per Share, Raising $1.48 Billion

10/11/2023

Iconic Sandal Maker Birkenstock Goes Public, Raising $1.48B in Blockbuster IPO

German sandal maker Birkenstock has raised $1.48 billion in its initial public offering (IPO), valuing the company at over $9 billion, as it aims to expand its business in Asia and the United States.

10/11/2023

Birkenstock Prices IPO at $46 Per Share, Valuing Iconic Sandal Maker at $8.6 Billion Despite Market Volatility

Birkenstock prices IPO at $46, valuing the company at $8.6 billion.

10/11/2023

Birkenstock Shares Slip on NYSE Debut as Investors Worry About Consumer Demand

10/11/2023

Birkenstock Shares Slide Below IPO Price in Trading Debut Amid Investor Caution Over Valuation

German sandal maker Birkenstock Holdings Ltd.'s stock fell 12.6% in its trading debut, reflecting investor caution towards new deals and a competitive casual-footwear market.

10/12/2023

Birkenstock Goes Public With $495 Million IPO Despite Lower-Than-Expected Share Price

German shoe and sandal maker Birkenstock went public on Wall Street, raising about $495 million in its Initial Public Offering (IPO) despite its shares opening lower than expected.