Birkenstock Sees Sports & Outdoor Driving Growth
The German footwear maker is targeting 10% to 12% reported growth over the medium term, taking its sales to €2.30 to €2.35 billion (+13% to +15% CC) by FY 2028, in part driven by a further push into the Sports & Outdoor sector. BIRK’s Capital Markets Day presentation outlines double-digit growth in both Americas and EMEA and a doubling of its APAC business. The target represents an additional €1 billion of incremental revenue over the next three years. Working down the P&L, BIRK is aiming for a 57.0% to 57.5% gross ... Log in to view full article.