Birkenstock shares jump after co lifts sales outlook
** Shares of German sandal maker Birkenstock BIRK.N rise 6.3% to $48.20 premarket ** Co lifts FY 2025 revenue outlook on demand boost for clogs and shoes ** Expects sales of at least 2.09 billion euros ($2.45 billion), implying growth of about 17.5% at constant currency rates over last year ** Co previously forecast full-year revenue growth at the higher end of its forecast range of 15%-17% ** BIRK down ~20% YTD (Reporting by Joel Jose in Bengaluru) (( Joeljose@thomsonreuters.com;))
Recent news on Birkenstock Holding
See all newsBirkenstock jumps on $250 million share buyback plan
Birkenstock shares jump after $250 million buyback plan
Analysis: Birkenstock loses its footing as luxury ambitions unravel
Analysis: Birkenstock loses its footing as luxury ambitions unravel
U.S. STOCKS ON THE MOVE -Fervo, Sensata Technologies, Akamai