Core Viewpoint - Birkenstock Holding plc has reaffirmed its outlook and projected stronger-than-expected revenue for fiscal 2025, despite missing revenue forecasts in the third quarter [1][2]. Financial Performance - The company expects to generate at least 2.09 billion euros (~$2.25 billion) in fiscal 2025 revenue, exceeding its previous guidance [3]. - For the fourth quarter, Birkenstock projects sales of at least 520 million euros, reflecting a 14% increase on a reported basis and an 18% increase in constant currency [4]. - The adjusted EBITDA margin forecast remains stable at 31.3% to 31.8% [4]. Strategic Developments - Birkenstock has signed an agreement to acquire a production and logistics facility near Dresden for 18 million euros, which spans 78,000 square meters of developed space and an additional 80,000 square meters of land [5]. - The acquisition is part of the company's strategy to expand production capacity across Europe and is expected to be operational by fiscal 2027 [5][6]. Market Reaction - Following the positive guidance, Birkenstock shares traded higher, increasing by 4.76% to $47.50 in premarket trading [6].