Birkenstock Stock Rises as Shoemaker Sees Margins Improving

Group 1 - Birkenstock reported fourth-quarter results exceeding expectations, with a profit of €52.5 million ($55.1 million) on revenue of €455.8 million ($478.2 million) [2] - The company's full-year revenue reached €1.80 billion, reflecting a 21% growth from fiscal 2023 [3] - Birkenstock anticipates constant-currency revenue growth of 15% to 17% in fiscal 2025, alongside improvements in gross profit margins as new production capacity investments take effect [4] Group 2 - The profit margins for Birkenstock were lower than the previous year, but the company expects improvements in the upcoming year [1][4] - Following the positive earnings report, Birkenstock shares experienced a rise, gaining 5% in premarket trading after a 15% increase earlier in the year [4]