Birkenstock raises revenue forecast on strong demand, shares jump 18%
Birkenstock has raised its annual sales growth forecast after surpassing quarterly revenue expectations. The company's robust performance was largely driven by strong full-price demand for its premium sandals. Sales through the direct-to-consumer channel surged by fourteen percent, accounting for nearly thirty-nine percent of total revenue. The Asia-Pacific region led the way in growth, while…
We haven't written up this one. The Economic Times - Top News has the full story — the link below goes straight to it.
