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Birkenstock beat market expectations for fourth-quarter results on robust demand for its pricey footwear and forecast a recovery in margins in fiscal 2025, sending the company’s shares up 7 percent on Wednesday.
With fresh styles becoming a priority for consumers, Birkenstock’s sandals and closed-toe clogs have drawn new customers both at its own stores and at retailers.
The company bypassed steep discounting trends evident during the holiday shopping season, which Birkenstock executives…
