Birkenstock Misses Quarterly Sales Estimates But Maintains Annual Forecast

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Softer consumer sentiment and the conflict in the Middle East led to uneven demand for the German brand’s sandals and clogs.

Man wearing Birkenstock sandals in hammock.

Birkenstock missed Wall Street estimates for second-quarter sales on Wednesday due to uneven demand for its premium sandals and clogs, and said the Middle East conflict delayed some shipments to the region.

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