Birkenstock shares pop 20% to 3-week high after strong fiscal Q3
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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Birkenstock shares pop 20% to 3-week high after strong fiscal Q3
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.
3 min read08:48 PM ISTReal-Time Stock Tracker
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