Birkenstock reports strong holiday sales and robust demand for clogs, boots, and shearling styles in Q1 2026, reaffirming its full-year growth targets of 13-15% amid tariffs and currency pressures.
Birkenstock forecasts reduced profit margins and slower sales growth for FY2026, citing US tariff pressures and unfavorable currency headwinds despite strong Q4 performance.
Birkenstock raised its sales forecast (17.5% growth) due to strong demand from affluent shoppers, even after price hikes. They are also buying a factory near Dresden (€18M) to make more shoes and boost production capacity.
Birkenstock's Q3 revenue hit €635M, with 16% constant currency growth and profits exceeding expectations. Margins significantly improved (gross 60.5%, Adj. EBITDA 34.4%). The company is well-positioned for US tariffs and reaffirms strong FY25 outlook.
