
Birkenstock Holdings reported its fiscal first quarter earnings, revealing an adjusted earnings per share (EPS) of €0.18, surpassing estimates of €0.16. The company's revenue reached €361.7 million, exceeding expectations of €356.17 million and marking a 19% increase year-over-year. The gross profit margin stood at 60.3%, slightly below the estimated 60.21%. Regional performance showed strong growth, with revenues in the Americas up 16% year-over-year, and the Asia-Pacific (APAC) region leading with a 47% increase. Despite the positive earnings report, Birkenstock's stock experienced a decline, attributed to concerns over future guidance and the overall market reaction. The company continues to invest in production capacity to meet rising consumer demand, particularly for its high-end sandals and clogs, which saw accelerated sales during the holiday season.

🇺🇸 Birkenstock earnings top estimates after it raises prices https://t.co/T8JKxrmd1F
German footwear brand Birkenstock Holdings beat sales expectations for its fiscal first quarter but issued a cautious outlook for 2025. https://t.co/FI8ToFXmd1
German shoe brand Birkenstock reported higher revenue for its fiscal first quarter, helped by strong demand during the key holiday season, and said it continues to invest in production capacity to meet consumer demand https://t.co/ktSdXCNjKe