Birkenstock Has A Tariff Advantage Going In Q2: Analyst
1. Telsey maintains Outperform rating on BIRK with a $70 price target. 2. Total revenue projected to grow 17.7% year-over-year to 566.4 million euros. 3. Gross margin expected to expand to 56.6%, slightly exceeding consensus. 4. Birkenstock shows resilience against macroeconomic challenges and strong demand. 5. Only 52% revenue from Americas limits tariff exposure compared to competitors.