7/31/25 - $birk - PSA from a $DECK owner...Birkenstock Holding plcNYSE:BIRKVROCKSTAR7/31/25 :: VROCKSTAR :: BIRK PSA from a DECK owner... - not as close to this one as DECK - but it's hard enough to own names DECK (reported nice beat and good indiation on 2H) and 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 DECK and 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