Net income was up 18% at the footbed sandal maker for the fiscal third quarter ended June 30, hitting €74,640,000 ($68.8 mm) up from €63,102,000 on 19% higher revenue of €564,758,000 ($520.8 mm) against €473,185,000. Despite the record top line, results fell short of Wall St. expectations, and BIRK shares tumbled more than 15% on the news. B2B (wholesale) increased 24% to €340.6 million as strong sell-through fueled replenishment orders. Over 90% of the growth came from existing doors at key accounts adding to breadth and depth. DTC improved 14% to ... Log in to view full article.