7/31/25 - $birk - PSA from a $DECK owner...7/31/25 :: VROCKSTAR :: NYSE:BIRK
PSA from a NYSE:DECK owner...
- not as close to this one as NYSE:DECK
- but it's hard enough to own names NYSE:DECK (reported nice beat and good indiation on 2H) and NASDAQ:LULU that reports end of aug with 6+% fcf yields and trading in the mid teens
- i "get" birkenstock is a great brand
- but should it trade high 20s when, honestly, it's not 2x-ish the quality of say "hoka" or "lululemon" brands? tough one
- it's more of a recent IPO too, which means still mkt (generally) has had less time to fully understand it... say over the period of time as it has NYSE:DECK and NASDAQ:LULU nevermind other stuff.
- i'm not suggesting this is a short
- but if i owned it, id probably swap it for one of the two above
- flagging this consideration for anyone before they FAFO
V
