Birkenstock reported fiscal third-quarter results that topped profit expectations as the German footwear maker offset tariff and supply-chain headwinds with mid-single-digit price increases and resilient demand from retailers. Revenue rose 12% year on year to €635 million—matching analyst forecasts—while constant-currency sales advanced 16%. Net income jumped 73% to €129 million, lifting diluted earnings per share to €0.69, or €0.08 above consensus. Adjusted EBITDA reached €218 million, giving a margin of 34.4%, up 1.4 percentage points from a year earlier. Growth was led by an 18% increase in wholesale revenue, which more than compensated for slower-than-expected 12% growth in the company’s direct-to-consumer channel. Despite the beat, Birkenstock shares fell about 3% in early New York trading as investors focused on the softer direct-sales performance. Management maintained full-year guidance for comparable revenue growth at the upper end of 15%–17% and an adjusted EBITDA margin between 31.3% and 31.8%, citing continued pricing power and expansion in key markets.