BUZZ-Birkenstock shares jump after co lifts sales outlook
Reuters
Sep 25
BUZZ-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;))
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