NYSE:BIRKLuxury
Birkenstock Q1 Beat, Retail Expansion And Buyback Contrast With Weak Share Price
Birkenstock Holding (NYSE:BIRK) reported robust first quarter revenue growth that exceeded its full year guidance.
The company highlighted broad based strength across regions, with especially rapid expansion in APAC.
Birkenstock continued to grow its global retail footprint and advanced its push toward four season footwear offerings.
Management approved a new €200 million share repurchase program, signaling confidence in the brand and balance sheet.
Birkenstock comes into this update with...