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    Birkenstock Expects Strong Revenue Growth in FY24 Amid Beating Estimates | FinOracle

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    Birkenstock Expects Strong Revenue Growth in FY24 Amid Beating Estimates | FinOracle

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    Birkenstock Expects Strong Revenue Growth in FY24 Amid Beating Estimates | FinOracle

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    Birkenstock Expects Strong Revenue Growth in FY24 Amid Beating Estimates | FinOracle

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    Birkenstock Expects Strong Revenue Growth in FY24 Amid Beating Estimates | FinOracle

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    Birkenstock Expects Strong Revenue Growth in FY24 Amid Beating Estimates | FinOracle

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Birkenstock Expects Strong Revenue Growth in FY24 Amid Beating Estimates

German footwear company Birkenstock anticipates robust year-over-year growth of 17%-18% for fiscal year 2024, driven by strong sales performance and a successful IPO on the NYSE. Market analysts maintain a Moderate Buy consensus on the stock. #Birkenstock #revenueprojections #footwearindustry

by Mark Eisenberg
Thu, Jan 18, 2024 8:35pm
in Business
• 2 mins read
14.7k
Birkenstock Expects Strong Revenue Growth in FY24 Amid Beating Estimates | FinOracle

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Birkenstock Forecasts Robust Year-Over-Year Growth for 2024

German footwear company Birkenstock has projected a significant increase in its revenues for the fiscal year 2024. The company expects its revenues to range between €1.74 billion and €1.76 billion, indicating a robust year-over-year growth of 17%-18%. This forecast surpasses analysts’ earlier estimates of €1.7 billion for the same period. Birkenstock’s optimistic outlook reflects its confidence in the market demand for its products and its ability to capitalize on emerging opportunities.

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