BUZZ-Birkenstock falls as preliminary Q1 revenue estimate disappoints

Reuters01-12
BUZZ-Birkenstock falls as preliminary Q1 revenue estimate disappoints

** Shares of German sandal maker Birkenstock BIRK.N down 4.4% at $41.56 premarket

** Reports preliminary Q1 revenue below Street estimates as value-conscious consumers cut back on non-essential items amid economic uncertainty

** Estimates revenue of 402 million euros ($469.54 million)vs analysts' estimates of 403.3 million euros - as per data compiled by LSEG

** BIRK down ~28% in 2025

($1 = 0.8562 euros)

(Reporting by Sanskriti Shekhar in Bengaluru)

((Sanskriti.Shekhar@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.

Comments

We need your insight to fill this gap
Leave a comment