Tag: fullprice

Federer-backed On beats sales estimates on full-price selling

By Reuters Published Aug 13, 2024 On Holding beat analysts’ estimates for second-quarter revenue on 12 August on strong demand from customers looking for trendy products but shares fell 8% premarket after the company reiterated its annual sales forecast. On Running The company maintained its 2024 net sales expectations of at least 30% growth, reflecting [...]read moreFederer-backed On beats sales estimates on full-price selling

Birkenstock boosts annual forecasts on full-price selling, firm demand

By Reuters Published May 31, 2024 Birkenstock raised its annual revenue and core profit forecasts on Thursday, betting on full-price selling and strong demand for its cork-based sandals and newer closed-toe styles mainly at its own stores, sending its shares up 14.3%. Reuters Most wholesale retailers are still stocking up on popular Birkenstock products despite [...]read moreBirkenstock boosts annual forecasts on full-price selling, firm demand