Birkenstock beats quarterly revenue expectations

Core Insights - German footwear brand Birkenstock exceeded Wall Street expectations for fourth-quarter revenue, driven by strong demand for its sandals and clogs among affluent consumers [1] Group 1 - Birkenstock's strong performance is attributed to increased sales from its popular sandal and clog lines [1] - The demand surge is particularly noted among affluent shoppers, indicating a potential trend in consumer spending behavior [1] - The results come ahead of a crucial holiday season, suggesting that the brand is well-positioned for continued growth [1]