29-02-2024 20:47 via rocketnews.com

Birkenstock shares slide 8% after sandal maker posts loss in its second report as public company

Birkenstock Holdings Plc’s stock tumbled 8% Thursday, after the German sandal and clog maker posted another quarterly loss in its second earnings report as a public company. Birkenstock BIRK, -6.64%had a net loss of 7 million euros ($7.6 million), or 4 cents a share, for the quarter through Dec. 31 — narrower than its loss of 9 million euros, or 5 cents a share, in the year-earlier period.Adjusted per-share earnings came to 9 cents, matching the FactSet analyst consensus. Revenue ros
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