May 15 (Reuters) - German footwear maker Birkenstock ( BIRK )
raised its annual revenue growth forecast on Thursday,
betting on the rising popularity of its trendy styles including
clogs and closed-toe silhouettes to boost demand.
Newer iterations of Birkenstock ( BIRK ) products such as Arizona
Essentials and Madrid Big Buckle have been helping in attracting
more shoppers, in turn lifting sales momentum, even amid
lingering tariff uncertainty.
The company now expects its fiscal 2025 revenue to be at the
high end of its previous forecast range of 15% to 17% in
constant currency basis.
It also said its annual earnings before interest, taxes,
depreciation and amortization (EBITDA) margin would be between
31.3% and 31.8%, up from the 30.8% to 31.3% previously forecast.