Investing.com -- Birkenstock (NYSE: BIRK) shares rose after the footwear maker reported fiscal first-quarter results that met market expectations and delivered double-digit constant-currency growth across all regions.

The company posted Q1 EPS of €0.27, in line with the consensus estimate of €0.26. Revenue came in at €401.9 million, up 17.8% in constant currency and also in line with the consensus of €402 million.

Revenue grew at a double-digit pace in constant currency across all regions, rising 14% in the Americas, 17% in EMEA and 37% in APAC.

By channel, B2B revenue increased 24% in constant currency, while direct-to-consumer sales rose 12% on the same basis.

Adjusted gross profit margin declined 290 basis points year over year to 57.4%, primarily due to unfavorable currency translation, incremental U.S. tariffs and channel mix effects, the company said. These pressures were partly offset by sales price adjustments, net of inflation, and improved capacity absorption, it said.

Adjusted EBITDA rose 4% year over year to €106 million. However, the adjusted EBITDA margin narrowed 170 basis points to 26.5% from 28.2% a year earlier.