Feb 20 (Reuters) - Birkenstock BIRK.N beat Wall Street expectations for first-quarter revenue on Thursday, as the German footwear maker benefited from strong holiday-driven demand for its expensive cork-based sandals and shoes.
The company reported quarterly revenue of 361.7 million euros ($377.47 million), compared with analysts' average estimate of 356.2 million euros, according to data compiled by LSEG.
($1 = 0.9582 euros)
(Reporting by Juveria Tabassum and Neil J Kanatt in Bengaluru; Editing by Shinjini Ganguli)
((Juveria.Tabassum@thomsonreuters.com;))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.