Birkenstock Holding Plc (BIRK) Q3 2024 Earnings Call Transcript Summary
Birkenstock Holding Plc (BIRK) Q3 2024 Earnings Call Transcript Summary
The following is a summary of the Birkenstock Holding Plc (BIRK) Q3 2024 Earnings Call Transcript:
以下是伯肯斯托克控股有限公司(BIRK)2024年第三季度業績電話會議記錄摘要:
Financial Performance:
財務業績:
Birkenstock achieved the highest quarterly revenue in its history in Q3 2024, with a record 19% revenue growth in constant currency.
The gross profit margin was 59.5%, with a sequential increase of 320 basis points, despite being 220 basis points lower compared to the previous year, mainly due to the shift from D2C to B2B channels.
Third quarter adjusted EBITDA reached EUR 186 million, marking the strongest quarterly EBITDA in company history, up 15% versus the previous year.
Adjusted net profit increased by 14% with adjusted earnings per share at EUR 0.49, up 11%.
Cash and equivalents stood at EUR 404 million as of June 30, 2024, with operating cash flow at EUR 281 million, reflecting a 19% year-over-year increase.
伯肯斯托克在2024年第三季度實現了歷史上最高的季度收入,按固定匯率計算,收入增長了創紀錄的19%。
毛利率爲59.5%,連續增長320個點子,儘管與去年相比下降了220個點子,這主要是由於從D2C渠道轉移到B20渠道。
第三季度調整後的息稅折舊攤銷前利潤達到18600萬歐元,這是公司歷史上最強勁的季度息稅折舊攤銷前利潤,比上年增長15%。
調整後的淨利潤增長了14%,調整後的每股收益爲0.49歐元,增長了11%。
截至2024年6月30日,現金及等價物爲40400萬歐元,運營現金流爲281萬歐元,同比增長19%。
Business Progress:
業務進展:
Significant retail expansion noted with the opening of seven new stores in Q3, bringing the total to 64 stores globally, enhancing the physical brand touchpoints.
The Membership program grew by 36% year-over-year, reflecting enhanced consumer engagement and loyalty.
Continued strong performance in newer product lines, such as closed-toe silhouettes, which saw double the growth rate of the brand overall.
Further expansion in APMA region, including new store openings in India and Japan, contributing to a 41% revenue growth in the area.
Strategic shifts in European operations, such as phasing out distributors for direct distribution, which bolstered regional performance.
第三季度開設七家新門店,零售業大幅擴張,使全球門店總數達到64家,增強了實體品牌的接觸點。
會員計劃同比增長36%,反映了消費者參與度和忠誠度的提高。
新產品系列的持續強勁表現,例如閉趾輪廓,這使該品牌的整體增長率翻了一番。
在APMA地區的進一步擴張,包括在印度和日本開設新店,使該地區的收入增長了41%。
歐洲業務的戰略轉變,例如逐步淘汰直接分銷的分銷商,這提高了地區業績。
Risks:
風險:
A noticeable shift toward in-person shopping could impact the dynamics of online sales, requiring adjustments in digital and physical sales strategies.
向面對面購物的明顯轉變可能會影響在線銷售的動態,需要調整數字和實體銷售策略。
Tips: This article is generated by AI. The accuracy of the content can not be fully guaranteed. For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示:本文由 AI 生成。無法完全保證內容的準確性。欲了解更多詳情,請訪問投資者關係網站。本文僅供投資者參考,不構成任何投資建議。