Birkenstock Holding PLC

BIRK: XNYS (USA)
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Birkenstock Earnings: Better Sales Drive Slight Guidance Upgrade; Shares Fairly Valued

Birkenstock booked 15% constant-currency sales growth in the fiscal third quarter, prompting a full-year sales guidance upgrade to the upper bound of its 13%–15% range. Despite this modest guidance upgrade, shares rose almost 18% in early trading on August 13.

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