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Birkenstock Holding (BIRK) Misses Q3 EPS by 12c; reaffirms guidance

August 29, 2024 5:20 AM

Birkenstock Holding (NYSE: BIRK) reported Q3 EPS of $0.40, $0.12 worse than the analyst estimate of $0.52. Revenue for the quarter came in at $564.8 million versus the consensus estimate of $566.15 million.

"The Company confirms its fiscal 2024 guidance for revenue growth of approximately 19% on a reported basis and 20% on a constant currency basis and an Adjusted EBITDA margin of 30-30.5%. The Company reiterates its medium to long-term profitability objectives for Gross profit margin of approximately 60% and Adjusted EBITDA margin over 30%."

For earnings history and earnings-related data on Birkenstock Holding (BIRK) click here.

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