Birkenstock misses quarterly sales estimates
14/08/2025 10:09
Aug 14 (Reuters) - Birkenstock BIRK.N missed Wall Street expectations for third-quarter revenue on Thursday, as affluent shoppers curbed spending on the German sandal maker's high-end footwear amid global economic uncertainty. The company reported quarterly revenue of 635 million euros ($741.49 million), compared with analysts' average estimate of 636.74 million euros, according to data compiled by LSEG. ($1 = 0.8564 euros) (Reporting by Savyata Mishra in Bengaluru; Editing by Shilpi Majumdar) ((Savyata.Mishra@thomsonreuters.com;))
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