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   <title>Williams Trading Downgrades Birkenstock Holding plc (BIRK) to Sell, 'Stock Less Comfortable than the Shoes'</title>
   <link>http://www.streetinsider.com/Downgrades/Williams+Trading+Downgrades+Birkenstock+Holding+plc+%28BIRK%29+to+Sell%2C+%27Stock+Less+Comfortable+than+the+Shoes%27/27196421.html</link>
   <description>&lt;p&gt;Williams Trading analyst Sam Poser downgraded Birkenstock Holding plc (NYSE: BIRK) from Hold to Sell with a price target of $27.00.&lt;/p&gt;&lt;p&gt;The analyst comments &quot;Downgrading BIRK from Hold to Sell, reducing estimates, and lowering PT from $39 to $27. The FY28 targets will not be met. Promotional activity is increasing, especially in Europe. In the Americas, many of Birkenstock's most loyal and tenured wholesale accounts are taking a more tempered approach to their 2027 plans, and some are trimming their existing order book. BIRK's FY28 outlook calls for the following: 1) Revenue of €3.020B-€3.183B, a 3-year CC revenue CAGR of 13%-15%;</description>
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   <title>Williams Trading Downgrades Birkenstock Holding plc (BIRK) to Sell, 'Stock Less Comfortable than the Shoes'</title>
   <link>http://www.streetinsider.com/Hot+Comments/Williams+Trading+Downgrades+Birkenstock+Holding+plc+%28BIRK%29+to+Sell%2C+%27Stock+Less+Comfortable+than+the+Shoes%27/27196421.html</link>
   <description>&lt;p&gt;Williams Trading analyst Sam Poser downgraded Birkenstock Holding plc (NYSE: BIRK) from Hold to Sell with a price target of $27.00.&lt;/p&gt;&lt;p&gt;The analyst comments &quot;Downgrading BIRK from Hold to Sell, reducing estimates, and lowering PT from $39 to $27. The FY28 targets will not be met. Promotional activity is increasing, especially in Europe. In the Americas, many of Birkenstock's most loyal and tenured wholesale accounts are taking a more tempered approach to their 2027 plans, and some are trimming their existing order book. BIRK's FY28 outlook calls for the following: 1) Revenue of €3.020B-€3.183B, a 3-year CC revenue CAGR of 13%-15%;</description>
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   <pubDate>Fri, 16 Oct 2026 09:42:51 -0400</pubDate>
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   <title>Williams Trading Downgrades Birkenstock Holding plc (BIRK) to Sell, 'Stock Less Comfortable than the Shoes'</title>
   <link>http://www.streetinsider.com/Hot+Downgrades/Williams+Trading+Downgrades+Birkenstock+Holding+plc+%28BIRK%29+to+Sell%2C+%27Stock+Less+Comfortable+than+the+Shoes%27/27196421.html</link>
   <description>&lt;p&gt;Williams Trading analyst Sam Poser downgraded Birkenstock Holding plc (NYSE: BIRK) from Hold to Sell with a price target of $27.00.&lt;/p&gt;&lt;p&gt;The analyst comments &quot;Downgrading BIRK from Hold to Sell, reducing estimates, and lowering PT from $39 to $27. The FY28 targets will not be met. Promotional activity is increasing, especially in Europe. In the Americas, many of Birkenstock's most loyal and tenured wholesale accounts are taking a more tempered approach to their 2027 plans, and some are trimming their existing order book. BIRK's FY28 outlook calls for the following: 1) Revenue of €3.020B-€3.183B, a 3-year CC revenue CAGR of 13%-15%;</description>
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   <pubDate>Fri, 16 Oct 2026 09:42:51 -0400</pubDate>
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   <title>Williams Trading Downgrades Birkenstock Holding plc (BIRK) to Sell, 'Stock Less Comfortable than the Shoes'</title>
   <link>http://www.streetinsider.com/Analyst+Comments/Williams+Trading+Downgrades+Birkenstock+Holding+plc+%28BIRK%29+to+Sell%2C+%27Stock+Less+Comfortable+than+the+Shoes%27/27196421.html</link>
   <description>&lt;p&gt;Williams Trading analyst Sam Poser downgraded Birkenstock Holding plc (NYSE: BIRK) from Hold to Sell with a price target of $27.00.&lt;/p&gt;&lt;p&gt;The analyst comments &quot;Downgrading BIRK from Hold to Sell, reducing estimates, and lowering PT from $39 to $27. The FY28 targets will not be met. Promotional activity is increasing, especially in Europe. In the Americas, many of Birkenstock's most loyal and tenured wholesale accounts are taking a more tempered approach to their 2027 plans, and some are trimming their existing order book. BIRK's FY28 outlook calls for the following: 1) Revenue of €3.020B-€3.183B, a 3-year CC revenue CAGR of 13%-15%;</description>
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   <pubDate>Fri, 16 Oct 2026 09:42:51 -0400</pubDate>
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   <title>Piper Sandler lists best footwear stocks to own</title>
   <link>http://www.streetinsider.com/Hot+List/Piper+Sandler+lists+best+footwear+stocks+to+own/27186643.html</link>
   <description>&lt;p&gt;Piper Sandler's 26th annual teen survey, covering roughly 9,000 teenagers, found overall footwear spending still declining but shifting toward non-athletic styles, prompting the broker to name five favorite stocks.&lt;/p&gt;&lt;p&gt;&quot;With Footwear spend overall declining, we are picking the names where innovation stands out/distribution has upside,&quot; analysts Anna Andreeva and Noah Helfstein wrote, naming On Holding (NYSE: ONON), Amer Sports (NYSE: AS), Birkenstock (NYSE: BIRK), Steven Madden (NASDAQ: SHOO), and V.F. Corp. (NYSE: VFC) as favorites. Piper Sandler upgraded VFC to Overweight on Tuesday. &lt;/p&gt;&lt;p&gt;Total teen spending rebounded 6% year-over-year this fall, reversing a 6% decline last year, with upper-income teens outgrowing</description>
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   <pubDate>Wed, 14 Oct 2026 14:30:00 -0400</pubDate>
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   <title>Piper Sandler lists best footwear stocks to own</title>
   <link>http://www.streetinsider.com/Hot+List+Pro/Piper+Sandler+lists+best+footwear+stocks+to+own/27186643.html</link>
   <description>&lt;p&gt;Piper Sandler's 26th annual teen survey, covering roughly 9,000 teenagers, found overall footwear spending still declining but shifting toward non-athletic styles, prompting the broker to name five favorite stocks.&lt;/p&gt;&lt;p&gt;&quot;With Footwear spend overall declining, we are picking the names where innovation stands out/distribution has upside,&quot; analysts Anna Andreeva and Noah Helfstein wrote, naming On Holding (NYSE: ONON), Amer Sports (NYSE: AS), Birkenstock (NYSE: BIRK), Steven Madden (NASDAQ: SHOO), and V.F. Corp. (NYSE: VFC) as favorites. Piper Sandler upgraded VFC to Overweight on Tuesday. &lt;/p&gt;&lt;p&gt;Total teen spending rebounded 6% year-over-year this fall, reversing a 6% decline last year, with upper-income teens outgrowing</description>
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   <title>Piper Sandler lists best footwear stocks to own</title>
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   <description>&lt;p&gt;Piper Sandler's 26th annual teen survey, covering roughly 9,000 teenagers, found overall footwear spending still declining but shifting toward non-athletic styles, prompting the broker to name five favorite stocks.&lt;/p&gt;&lt;p&gt;&quot;With Footwear spend overall declining, we are picking the names where innovation stands out/distribution has upside,&quot; analysts Anna Andreeva and Noah Helfstein wrote, naming On Holding (NYSE: ONON), Amer Sports (NYSE: AS), Birkenstock (NYSE: BIRK), Steven Madden (NASDAQ: SHOO), and V.F. Corp. (NYSE: VFC) as favorites. Piper Sandler upgraded VFC to Overweight on Tuesday. &lt;/p&gt;&lt;p&gt;Total teen spending rebounded 6% year-over-year this fall, reversing a 6% decline last year, with upper-income teens outgrowing</description>
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   <title>Piper Sandler lists best footwear stocks to own</title>
   <link>http://www.streetinsider.com/Hot+List+Pro/Piper+Sandler+lists+best+footwear+stocks+to+own/27186643.html</link>
   <description>&lt;p&gt;Piper Sandler's 26th annual teen survey, covering roughly 9,000 teenagers, found overall footwear spending still declining but shifting toward non-athletic styles, prompting the broker to name five favorite stocks.&lt;/p&gt;&lt;p&gt;&quot;With Footwear spend overall declining, we are picking the names where innovation stands out/distribution has upside,&quot; analysts Anna Andreeva and Noah Helfstein wrote, naming On Holding (NYSE: ONON), Amer Sports (NYSE: AS), Birkenstock (NYSE: BIRK), Steven Madden (NASDAQ: SHOO), and V.F. Corp. (NYSE: VFC) as favorites. Piper Sandler upgraded VFC to Overweight on Tuesday. &lt;/p&gt;&lt;p&gt;Total teen spending rebounded 6% year-over-year this fall, reversing a 6% decline last year, with upper-income teens outgrowing</description>
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   <title>Piper Sandler lists best footwear stocks to own</title>
   <link>http://www.streetinsider.com/Hot+List/Piper+Sandler+lists+best+footwear+stocks+to+own/27186643.html</link>
   <description>&lt;p&gt;Piper Sandler's 26th annual teen survey, covering roughly 9,000 teenagers, found overall footwear spending still declining but shifting toward non-athletic styles, prompting the broker to name five favorite stocks.&lt;/p&gt;&lt;p&gt;&quot;With Footwear spend overall declining, we are picking the names where innovation stands out/distribution has upside,&quot; analysts Anna Andreeva and Noah Helfstein wrote, naming On Holding (NYSE: ONON), Amer Sports (NYSE: AS), Birkenstock (NYSE: BIRK), Steven Madden (NASDAQ: SHOO), and V.F. Corp. (NYSE: VFC) as favorites. Piper Sandler upgraded VFC to Overweight on Tuesday. &lt;/p&gt;&lt;p&gt;Total teen spending rebounded 6% year-over-year this fall, reversing a 6% decline last year, with upper-income teens outgrowing</description>
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   <title>Piper Sandler lists best footwear stocks to own</title>
   <link>http://www.streetinsider.com/Hot+List+Pro/Piper+Sandler+lists+best+footwear+stocks+to+own/27186643.html</link>
   <description>&lt;p&gt;Piper Sandler's 26th annual teen survey, covering roughly 9,000 teenagers, found overall footwear spending still declining but shifting toward non-athletic styles, prompting the broker to name five favorite stocks.&lt;/p&gt;&lt;p&gt;&quot;With Footwear spend overall declining, we are picking the names where innovation stands out/distribution has upside,&quot; analysts Anna Andreeva and Noah Helfstein wrote, naming On Holding (NYSE: ONON), Amer Sports (NYSE: AS), Birkenstock (NYSE: BIRK), Steven Madden (NASDAQ: SHOO), and V.F. Corp. (NYSE: VFC) as favorites. Piper Sandler upgraded VFC to Overweight on Tuesday. &lt;/p&gt;&lt;p&gt;Total teen spending rebounded 6% year-over-year this fall, reversing a 6% decline last year, with upper-income teens outgrowing</description>
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   <title>Piper Sandler lists best footwear stocks to own</title>
   <link>http://www.streetinsider.com/Hot+List/Piper+Sandler+lists+best+footwear+stocks+to+own/27186643.html</link>
   <description>&lt;p&gt;Piper Sandler's 26th annual teen survey, covering roughly 9,000 teenagers, found overall footwear spending still declining but shifting toward non-athletic styles, prompting the broker to name five favorite stocks.&lt;/p&gt;&lt;p&gt;&quot;With Footwear spend overall declining, we are picking the names where innovation stands out/distribution has upside,&quot; analysts Anna Andreeva and Noah Helfstein wrote, naming On Holding (NYSE: ONON), Amer Sports (NYSE: AS), Birkenstock (NYSE: BIRK), Steven Madden (NASDAQ: SHOO), and V.F. Corp. (NYSE: VFC) as favorites. Piper Sandler upgraded VFC to Overweight on Tuesday. &lt;/p&gt;&lt;p&gt;Total teen spending rebounded 6% year-over-year this fall, reversing a 6% decline last year, with upper-income teens outgrowing</description>
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   <title>Piper Sandler lists best footwear stocks to own</title>
   <link>http://www.streetinsider.com/Hot+List+Pro/Piper+Sandler+lists+best+footwear+stocks+to+own/27186643.html</link>
   <description>&lt;p&gt;Piper Sandler's 26th annual teen survey, covering roughly 9,000 teenagers, found overall footwear spending still declining but shifting toward non-athletic styles, prompting the broker to name five favorite stocks.&lt;/p&gt;&lt;p&gt;&quot;With Footwear spend overall declining, we are picking the names where innovation stands out/distribution has upside,&quot; analysts Anna Andreeva and Noah Helfstein wrote, naming On Holding (NYSE: ONON), Amer Sports (NYSE: AS), Birkenstock (NYSE: BIRK), Steven Madden (NASDAQ: SHOO), and V.F. Corp. (NYSE: VFC) as favorites. Piper Sandler upgraded VFC to Overweight on Tuesday. &lt;/p&gt;&lt;p&gt;Total teen spending rebounded 6% year-over-year this fall, reversing a 6% decline last year, with upper-income teens outgrowing</description>
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   <title>Piper Sandler lists best footwear stocks to own</title>
   <link>http://www.streetinsider.com/Hot+List/Piper+Sandler+lists+best+footwear+stocks+to+own/27186643.html</link>
   <description>&lt;p&gt;Piper Sandler's 26th annual teen survey, covering roughly 9,000 teenagers, found overall footwear spending still declining but shifting toward non-athletic styles, prompting the broker to name five favorite stocks.&lt;/p&gt;&lt;p&gt;&quot;With Footwear spend overall declining, we are picking the names where innovation stands out/distribution has upside,&quot; analysts Anna Andreeva and Noah Helfstein wrote, naming On Holding (NYSE: ONON), Amer Sports (NYSE: AS), Birkenstock (NYSE: BIRK), Steven Madden (NASDAQ: SHOO), and V.F. Corp. (NYSE: VFC) as favorites. Piper Sandler upgraded VFC to Overweight on Tuesday. &lt;/p&gt;&lt;p&gt;Total teen spending rebounded 6% year-over-year this fall, reversing a 6% decline last year, with upper-income teens outgrowing</description>
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   <title>Piper Sandler lists best footwear stocks to own</title>
   <link>http://www.streetinsider.com/Hot+List+Pro/Piper+Sandler+lists+best+footwear+stocks+to+own/27186643.html</link>
   <description>&lt;p&gt;Piper Sandler's 26th annual teen survey, covering roughly 9,000 teenagers, found overall footwear spending still declining but shifting toward non-athletic styles, prompting the broker to name five favorite stocks.&lt;/p&gt;&lt;p&gt;&quot;With Footwear spend overall declining, we are picking the names where innovation stands out/distribution has upside,&quot; analysts Anna Andreeva and Noah Helfstein wrote, naming On Holding (NYSE: ONON), Amer Sports (NYSE: AS), Birkenstock (NYSE: BIRK), Steven Madden (NASDAQ: SHOO), and V.F. Corp. (NYSE: VFC) as favorites. Piper Sandler upgraded VFC to Overweight on Tuesday. &lt;/p&gt;&lt;p&gt;Total teen spending rebounded 6% year-over-year this fall, reversing a 6% decline last year, with upper-income teens outgrowing</description>
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   <title>Piper Sandler lists best footwear stocks to own</title>
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   <description>&lt;p&gt;Piper Sandler's 26th annual teen survey, covering roughly 9,000 teenagers, found overall footwear spending still declining but shifting toward non-athletic styles, prompting the broker to name five favorite stocks.&lt;/p&gt;&lt;p&gt;&quot;With Footwear spend overall declining, we are picking the names where innovation stands out/distribution has upside,&quot; analysts Anna Andreeva and Noah Helfstein wrote, naming On Holding (NYSE: ONON), Amer Sports (NYSE: AS), Birkenstock (NYSE: BIRK), Steven Madden (NASDAQ: SHOO), and V.F. Corp. (NYSE: VFC) as favorites. Piper Sandler upgraded VFC to Overweight on Tuesday. &lt;/p&gt;&lt;p&gt;Total teen spending rebounded 6% year-over-year this fall, reversing a 6% decline last year, with upper-income teens outgrowing</description>
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   <title>Piper Sandler lists best footwear stocks to own</title>
   <link>http://www.streetinsider.com/Hot+List+Pro/Piper+Sandler+lists+best+footwear+stocks+to+own/27186643.html</link>
   <description>&lt;p&gt;Piper Sandler's 26th annual teen survey, covering roughly 9,000 teenagers, found overall footwear spending still declining but shifting toward non-athletic styles, prompting the broker to name five favorite stocks.&lt;/p&gt;&lt;p&gt;&quot;With Footwear spend overall declining, we are picking the names where innovation stands out/distribution has upside,&quot; analysts Anna Andreeva and Noah Helfstein wrote, naming On Holding (NYSE: ONON), Amer Sports (NYSE: AS), Birkenstock (NYSE: BIRK), Steven Madden (NASDAQ: SHOO), and V.F. Corp. (NYSE: VFC) as favorites. Piper Sandler upgraded VFC to Overweight on Tuesday. &lt;/p&gt;&lt;p&gt;Total teen spending rebounded 6% year-over-year this fall, reversing a 6% decline last year, with upper-income teens outgrowing</description>
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   <title>Piper Sandler lists best footwear stocks to own</title>
   <link>http://www.streetinsider.com/Hot+List/Piper+Sandler+lists+best+footwear+stocks+to+own/27186643.html</link>
   <description>&lt;p&gt;Piper Sandler's 26th annual teen survey, covering roughly 9,000 teenagers, found overall footwear spending still declining but shifting toward non-athletic styles, prompting the broker to name five favorite stocks.&lt;/p&gt;&lt;p&gt;&quot;With Footwear spend overall declining, we are picking the names where innovation stands out/distribution has upside,&quot; analysts Anna Andreeva and Noah Helfstein wrote, naming On Holding (NYSE: ONON), Amer Sports (NYSE: AS), Birkenstock (NYSE: BIRK), Steven Madden (NASDAQ: SHOO), and V.F. Corp. (NYSE: VFC) as favorites. Piper Sandler upgraded VFC to Overweight on Tuesday. &lt;/p&gt;&lt;p&gt;Total teen spending rebounded 6% year-over-year this fall, reversing a 6% decline last year, with upper-income teens outgrowing</description>
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   <title>Piper Sandler lists best footwear stocks to own</title>
   <link>http://www.streetinsider.com/Hot+List+Pro/Piper+Sandler+lists+best+footwear+stocks+to+own/27186643.html</link>
   <description>&lt;p&gt;Piper Sandler's 26th annual teen survey, covering roughly 9,000 teenagers, found overall footwear spending still declining but shifting toward non-athletic styles, prompting the broker to name five favorite stocks.&lt;/p&gt;&lt;p&gt;&quot;With Footwear spend overall declining, we are picking the names where innovation stands out/distribution has upside,&quot; analysts Anna Andreeva and Noah Helfstein wrote, naming On Holding (NYSE: ONON), Amer Sports (NYSE: AS), Birkenstock (NYSE: BIRK), Steven Madden (NASDAQ: SHOO), and V.F. Corp. (NYSE: VFC) as favorites. Piper Sandler upgraded VFC to Overweight on Tuesday. &lt;/p&gt;&lt;p&gt;Total teen spending rebounded 6% year-over-year this fall, reversing a 6% decline last year, with upper-income teens outgrowing</description>
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   <title>Piper Sandler lists best footwear stocks to own</title>
   <link>http://www.streetinsider.com/Hot+List/Piper+Sandler+lists+best+footwear+stocks+to+own/27186643.html</link>
   <description>&lt;p&gt;Piper Sandler's 26th annual teen survey, covering roughly 9,000 teenagers, found overall footwear spending still declining but shifting toward non-athletic styles, prompting the broker to name five favorite stocks.&lt;/p&gt;&lt;p&gt;&quot;With Footwear spend overall declining, we are picking the names where innovation stands out/distribution has upside,&quot; analysts Anna Andreeva and Noah Helfstein wrote, naming On Holding (NYSE: ONON), Amer Sports (NYSE: AS), Birkenstock (NYSE: BIRK), Steven Madden (NASDAQ: SHOO), and V.F. Corp. (NYSE: VFC) as favorites. Piper Sandler upgraded VFC to Overweight on Tuesday. &lt;/p&gt;&lt;p&gt;Total teen spending rebounded 6% year-over-year this fall, reversing a 6% decline last year, with upper-income teens outgrowing</description>
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   <title>Piper Sandler lists best footwear stocks to own</title>
   <link>http://www.streetinsider.com/Hot+List+Pro/Piper+Sandler+lists+best+footwear+stocks+to+own/27186643.html</link>
   <description>&lt;p&gt;Piper Sandler's 26th annual teen survey, covering roughly 9,000 teenagers, found overall footwear spending still declining but shifting toward non-athletic styles, prompting the broker to name five favorite stocks.&lt;/p&gt;&lt;p&gt;&quot;With Footwear spend overall declining, we are picking the names where innovation stands out/distribution has upside,&quot; analysts Anna Andreeva and Noah Helfstein wrote, naming On Holding (NYSE: ONON), Amer Sports (NYSE: AS), Birkenstock (NYSE: BIRK), Steven Madden (NASDAQ: SHOO), and V.F. Corp. (NYSE: VFC) as favorites. Piper Sandler upgraded VFC to Overweight on Tuesday. &lt;/p&gt;&lt;p&gt;Total teen spending rebounded 6% year-over-year this fall, reversing a 6% decline last year, with upper-income teens outgrowing</description>
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   <description>&lt;p&gt;William Blair analysts reiterated their “outperform” rating on this lifestyle and leisure brand, saying an enterprise value of roughly 8 times their calendar 2027 estimate is a “muted valuation” relative to their projection of 13% to 15% revenue growth over the next few years.&lt;/p&gt;&lt;p&gt;Analysts expect Birkenstock’s growth to be driven by higher production, expansion of its direct-to-consumer (DTC) business, entry into new product categories and geographies, and a more favourable product mix as premiumisation and a broader closed-toe range boost sales.&lt;/p&gt;&lt;p&gt;William Blair added quarterly estimates for fiscal 2027 and a fiscal 2028 estimate to its model.&lt;/p&gt;&lt;p&gt;It left its fiscal 2027</description>
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   <pubDate>Fri, 09 Oct 2026 06:00:00 -0400</pubDate>
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   <description>&lt;p&gt;William Blair analysts reiterated their “outperform” rating on this lifestyle and leisure brand, saying an enterprise value of roughly 8 times their calendar 2027 estimate is a “muted valuation” relative to their projection of 13% to 15% revenue growth over the next few years.&lt;/p&gt;&lt;p&gt;Analysts expect Birkenstock’s growth to be driven by higher production, expansion of its direct-to-consumer (DTC) business, entry into new product categories and geographies, and a more favourable product mix as premiumisation and a broader closed-toe range boost sales.&lt;/p&gt;&lt;p&gt;William Blair added quarterly estimates for fiscal 2027 and a fiscal 2028 estimate to its model.&lt;/p&gt;&lt;p&gt;It left its fiscal 2027</description>
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   <pubDate>Fri, 09 Oct 2026 06:00:00 -0400</pubDate>
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   <title>Form  4          Birkenstock Holding plc   For: Oct 01  Filed by: Pitcher Anne</title>
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   <title>Form  4          Birkenstock Holding plc   For: Oct 01  Filed by: Kennedy Ruth Anne Francis</title>
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   <title>Form  4          Birkenstock Holding plc   For: Oct 01  Filed by: Kumar Nisha</title>
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