January 19, London-based boot maker Dr. Martens announced its financial results for the third quarter of its fiscal year 2023, which ended December 31, 2022.
During Q3, revenue rose 9% to £335.9 million, but it was up only 3% at constant exchange rates (CER). For the nine months of the financial year so far, revenue is 12% ahead at £754.5 million and is 5% higher than CER.
According to Kenny Wilson, Chief Executive Officer of Dr. Martens, “Demand for Dr. Martens remained resilient through challenging conditions during our peak trading period of Q3. However, due to a combination …