Birkenstock Holding PLC

Employee Mo Soto arranges a shelf at a Birkenstock store on October 10, 2023 in Venice, California. Ethan Swope | Getty ImagesBirkenstock on Thursday beat holiday quarter revenue expectations, reporting a 26% year-on-year jump, as the German sandal company benefited from higher pricing and rising U.S. demand.Here's how the shoemaker did in its first fiscal quarter compared with what Wall Street was anticipating, based on a survey of analysts by LSEG, formerly known as Refinitiv:Earnings per share: 4 euro cents vs. 9 euro…

Wilson products at the Paragon Sports store in the Chelsea neighborhood of New York on Jan. 4, 2024.Jeenah Moon | Bloomberg | Getty ImagesAmer Sports, the Finnish athletic company behind the Wilson tennis racket and Arc'teryx, is set to start trading on the New York Stock Exchange on Thursday after raising about $1.37 billion in an initial public offering and pricing its shares at a discount. The company, which will trade under the symbol AS, sold 105 million shares at $13 each. It had originally expected to offer 100…

A Birkenstock banner hangs outside the New York Stock Exchange in New York on Oct. 11, 2023, as Birkenstock launches an initial public offering.Angela Weiss | Afp | Getty ImagesBirkenstock shares slumped nearly 10% Thursday after the company warned about its 2024 outlook during its first earnings report since its initial public offering.The German shoe brand reported a quarterly loss of about 28.3 million euros, or about $30.8 million, with an adjusted EBITDA margin of over 30% for its prior fiscal year. Company…