5 days ago
Birkenstock Profit Boosted by Higher Prices, Demand at Retailers
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Birkenstock Holding Plc reported earnings that were slightly better than expected as the German company benefitted from raising prices on its high-end sandals and clogs and strong demand from retail partners.
Adjusted earnings came in at €218 million ($255 million) before interest, taxes, appreciation and amortization in the fiscal quarter that ended in June, according to a statement Thursday. That exceeded the €213 million average of analyst estimates.
