Birkenstock Reiterated FY24 Outlook: Revenues Of €1.74B-€1.76B On Constant Currency Basis, Reflecting Overall Revenue Growth Of 17% To 18% Y/Y
Portfolio Pulse from Benzinga Newsdesk
Birkenstock has reaffirmed its fiscal year 2024 revenue outlook, projecting revenues between €1.74 billion and €1.76 billion on a constant currency basis. This forecast represents a year-over-year revenue growth of 17% to 18%.
February 29, 2024 | 10:43 am
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Birkenstock has reiterated its FY24 revenue outlook, expecting revenues between €1.74B and €1.76B, indicating a 17% to 18% growth year-over-year.
Reiterating a positive revenue outlook, especially with a significant year-over-year growth projection, is likely to instill confidence in investors and could positively impact Birkenstock's stock price in the short term. The specificity of the forecast and the substantial projected growth rate underscore the company's optimistic financial health and growth trajectory.
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