Birkenstock shares drop despite record revenue growth

German sandal maker Birkenstock earned less than expected in the third business quarter despite a surge in profits, the company reported on Thursday. The company’s stock dropped 11% in pre-market US trading, erasing some of the 32% gains made since the…

Birkenstock shares drop despite record revenue growth

German sandal maker Birkenstock earned less than expected in the third business quarter despite a surge in profits, the company reported on Thursday. The company’s stock dropped 11% in pre-market US trading, erasing some of the 32% gains made since the…