Stock Market News

Birkenstock beats fourth-quarter revenue estimates

12/18/2024

Less than a minute

2024.12.18 05:10

(Reuters) – Birkenstock (NYSE:) beat market expectations for fourth-quarter revenue on Wednesday, helped by robust full-price sales of the German footwear maker’s pricey sandals.

© Reuters. A shopper walks past a Birkenstock shoe store in London, Britain, October 11, 2023. REUTERS/Toby Melville/File Photo

The company reported fourth-quarter revenue of 455.8 million euros ($478.27 million), compared with the average analyst estimate of 439.2 million euros, according to data compiled by LSEG.

($1 = 0.9530 euros)

12/18/2024

Less than a minute

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