Earnings

Birkenstock (BIRK) earnings Q1 2024

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Employee Mo Soto arranges a shelf at a Birkenstock store on October 10, 2023 in Venice, California. 

Ethan Swope | Getty Images

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 expected
  • Revenue: 303 million euros vs. 288.7 million euros expected.

The newly public shoemaker, which started trading on the New York Stock Exchange under the…



Source cnbc.com

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