Birkenstock Stock Soars on Strong Results, Outlook
1. Birkenstock reported stronger than expected earnings and revenue growth. 2. Sales increased across all markets, especially 23% in the Americas. 3. Company raised its full-year EBITDA margin outlook to 31.3%-31.8%. 4. CEO highlights tariff situation benefiting brands with strong equity. 5. Shares of BIRK surged over 5% following the earnings release.