What Makes Birkenstock Holding plc (BIRK) a Unique Asset?

14 hours ago 2

Soumya Eswaran

Thu, November 20, 2025 astatine 7:25 AM CST 3 min read

Baron Funds, an concern absorption company, released its “Baron Discovery Fund” third-quarter 2025 capitalist letter. A transcript of the missive tin be downloaded here. Year-to-date, the money was up 10.75% (Institutional Shares), compared to a 11.65% instrumentality for the Russell 2000 Growth Index. The money was up 2.85% successful the 3rd quarter, lagging down the Index’s 12.19% return. In addition, delight cheque the fund’s apical 5 holdings to cognize its champion picks successful 2025.

In its third-quarter 2025 capitalist letter, Baron Discovery Fund highlighted stocks specified arsenic Birkenstock Holding plc (NYSE:BIRK). Birkenstock Holding plc (NYSE:BIRK) engages successful the manufacturing and organisation of footwear products. The one-month instrumentality of Birkenstock Holding plc (NYSE:BIRK) was -6.45%, and its shares mislaid 14.95% of their worth implicit the past 52 weeks. On November 19, 2025, Birkenstock Holding plc (NYSE:BIRK) banal closed astatine $40.32 per share, with a marketplace capitalization of $7.415 billion.

Baron Discovery Fund stated the pursuing regarding Birkenstock Holding plc (NYSE:BIRK) successful its 3rd 4th 2025 capitalist letter:

"In the 3rd 4th we purchased shares of Birkenstock Holding plc (NYSE:BIRK). Birkenstock is simply a planetary footwear marque with roots dating backmost to 1774. The marque is astir known for its iconic “Arizona” and “Boston” sandals, and the marque has been embedded successful U.S. civilization since the 1960s and 1970s. Although the Birkenstock marque has been astir for implicit 250 years, successful 2009 the Birkenstock household brought successful its archetypal extracurricular absorption squad led by Oliver Reichert. Under caller enactment and vision, the concern has been transformed from a family-owned, production-oriented institution into a global, professionally managed endeavor committed to increasing the Birkenstock brand. Following the summation of extracurricular management, Birkenstock revenues person grown astatine a 20% CAGR from fiscal 2014 to fiscal 2025. In 2025, the institution generated revenues of €2.1 cardinal with profitability margins successful the mid 30% range. This operation of an iconic marque with precocious maturation and manufacture starring profitability makes the Birkenstock marque a unsocial asset.