(Reuters) -German sandal maker Birkenstock ( BIRK ) narrowly missed third-quarter revenue expectations and reported slower sales growth in the Americas region on Thursday, but said it was well placed to manage the impact of the 15% U.S. tariff on European imports.

Birkenstock ( BIRK ), whose suede leather closed-toe Boston clogs sell at $179.95 each online, has seen firm demand over the past several quarters as wealthy shoppers showed few signs of resistance to price increases.

But the uncertainty from the ongoing tariff war has pushed prices higher on everything from essential goods and services to discretionary items such as high-end footwear, prompting even the more affluent shoppers to tighten their wallets.

The company's gross profit margin during the quarter ended June 30 came at 60.5%, up 100 basis points.

It reported quarterly revenue of 635 million euros ($741.49 million), compared with analysts' average estimate of 636.74 million euros, according to data compiled by LSEG.

Birkenstock ( BIRK ) maintained fiscal year 2025 revenue growth at the high-end of its forecast range of 15% to 17% in constant currency.

($1 = 0.8564 euros)