Newly listed Birkenstock beats revenue expectations on higher pricing, U.S. demand
Birkenstock plc(BIRK) CNBC·2024-02-29 10:31
Birkenstock on Thursday beat holiday quarter revenue expectations, reporting a 26% year-on-year jump, as the German sandal company benefited from higher pricing and rising U.S. demand.Here's how the shoemaker did in its first fiscal quarter compared with what Wall Street was anticipating, based on a survey of analysts by LSEG, formerly known as Refinitiv:Earnings per share: 4 euro cents vs. 9 euro cents expectedRevenue: 303 million euros vs. 288.7 million euros expected.The newly public shoemaker, which sta ...