Shares of Birkenstock slipped in pre-market trading after the clog-brand posted second-quarter results reflecting in part the impact from the Middle East war. The shares at one point were down 6.3 percent to $35.60 in pre-market trading. “Our business proved very resilient in the fiscal second quarter. Despite the ongoing instability in the Middle East, persistent inflationary pressures, U.S. tariff policy evolving unfavorably for us and continued [foreign exchange] headwinds, we delivered constant currency revenue growth of over 14 percent,” Birkenstock ’s CEO Oliver Reichert said. “This performance was well within our near-term and long-term target of 13 to 15 percent.” Reichert added that the company has a “long runway for growth ahead,” while noting the brand’s globally accessible, relevant and democratized brand experience that serves a broad consumer base. You May Also Like “In an overall challenging environment, we continue to see strong opportunities,” he said.…