Birkenstock falls as preliminary Q1 revenue estimate disappoints
** Shares of German sandal maker Birkenstock BIRK.N down 4.4% at $41.56 premarket ** Reports preliminary Q1 revenue below Street estimates as value-conscious consumers cut back on non-essential items amid economic uncertainty ** Estimates revenue of 402 million euros ($469.54 million)vs analysts' estimates of 403.3 million euros - as per data compiled by LSEG ** BIRK down ~28% in 2025 ($1 = 0.8562 euros) (Reporting by Sanskriti Shekhar in Bengaluru) ((Sanskriti.Shekhar@thomsonreuters.com))
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