Shares of Birkenstock soared 20% to $43.90 after positive Q3 results, reporting 13% revenue growth. The company raised its full-year sales forecast and benefited from strong demand for its footwear. Despite a 15% decline in net profit, adjusted figures improved sharply.
Shares of Birkenstock soared 20% to $43.90 after positive Q3 results, reporting 13% revenue growth. The company raised its full-year sales forecast and benefited from strong demand for its footwear. Despite a 15% decline in net profit, adjusted figures improved sharply.
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