Birkenstock beats Q4 revenue estimates by Reuters

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(Reuters) – Birkenstock Inc (NYSE:) beat market expectations for fourth-quarter revenue on Wednesday, helped by strong full-price sales of the German shoemaker’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 analysts’ average estimate of 439.2 million euros, according to data compiled by LSEG.

($1 = 0.9530 euros)





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