Birkenstock Holding (NYSE:BIRK) shares are trading lower on Wednesday.
The company reported third-quarter adjusted earnings per share of 70 cents, beating the analyst consensus estimate of 67 cents.
Quarterly sales of $720.12 million missed the Street view of $739.49 million.
Also Read: Coach Parent Warns Of Tariff Pressure Despite Strong Performance
“Reported revenue growth was 12%. On a constant currency basis, we grew revenue by 16%, with double-digit growth in all regions. Underlying demand remains strong and we are on track to meet our target of constant currency growth at the high end of the 15-17% range we provided at the beginning of the year,” said CEO Oliver Reichert.
In Euros, …