Birkenstock has filed for an initial public offering Tuesday with a future filing to outline the proposed terms of the sale, according to a report from Bloomberg.
Backed by Goldman Sachs Group
The IPO seems like a logical step for the company which has seen increasing demand. Revenue for the company rose 29% last year to approximately $1.29 billion, with adjusted earnings of $4.2 million.
The stock is to be listed as BIRK on the New York Stock Exchange.