Birkenstock CEO Says Well-Positioned To Navigate Tariffs, Reaffirms Outlook

Birkenstock Holding (NYSE:BIRK) shares are trading lower on Wednesday.

The company reported third-quarter adjusted earnings per share of 70 cents, beating the analyst consensus estimate of 67 cents.

Quarterly sales of $720.12 million missed the Street view of $739.49 million.

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“Reported revenue growth was 12%. On a constant currency basis, we grew revenue by 16%, with double-digit growth in all regions. Underlying demand remains strong and we are on track to meet our target of constant currency growth at the high end of the 15-17% range we provided at the beginning of the year,” said CEO Oliver Reichert. 

In Euros, ...