BUZZ-Birkenstock up after Q4 revenue beats estimates on strong demand

Reuters

2024/12/18

** Footwear maker Birkenstock's BIRK.N shares up ~2% at $56.99 premarket

** Company beats Q4 revenue estimates on strong full-price sales of its pricey sandals in the U.S. and Asia

** Posts quarterly revenue of 455.8 mln euros ($478.09 mln) vs est 439.2 mln euros - LSEG

** Company expects fiscal 2025 revenue to grow between 15% and 17% vs est of 17.5% growth

** As of last close, stock up ~15% YTD

($1 = 0.9534 euros)

(Reporting by Anuja Bharat Mistry in Bengaluru)

((AnujaBharat.Mistry@thomsonreuters.com))

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