Birkenstock beats fourth-quarter revenue estimates By Reuters

(Reuters) – Birkenstock (NYSE:) beat market expectations for fourth-quarter revenue on Wednesday, helped by robust full-price sales of the German footwear maker’s pricey sandals.

The company reported fourth-quarter revenue of 455.8 million euros ($478.27 million), compared with the average analyst estimate of 439.2 million euros, according to data compiled by LSEG.

($1 = 0.9530 euros)