Birkenstock

BIRK

Market cap $7.79B

While the market's immediate "knee-jerk" reaction to retail earnings suggests cooling sentiment, the fundamental story for premium retailers remains intact.

Birkenstock on Monday reported first-quarter preliminary revenue below Wall Street expectations as consumers turned more cautious on non-essential spending amid rising economic uncertainty.

LONDON, UK / ACCESS Newswire / January 12, 2026 / Birkenstock Holding plc ("BIRKENSTOCK" or the "Company", NYSE:BIRK), announced today that it expects fiscal first quarter 2026 (ended December 31, 2025) revenue of €402 million, year-over-year growth of 11.1% on a reported basis and 17.8% in constant currency. The difference between reported and constant currency growth is primarily due to the significant depreciation of the US Dollar vs.

The stock market's underdogs may be ready to lead the pack.

Birkenstock Holding remains a buy as demand is robust, with current headwinds stemming from supply constraints, not waning consumer interest. Production bottlenecks, especially for higher-margin closed-toe styles, are temporary; new capacity in Pasewalk and Portugal should unlock growth by 2027. BIRK's closed-toe expansion diversifies revenue, enhances pricing power, and positions the brand for year-round demand, structurally improving growth quality.

Investors need to pay close attention to BIRK stock based on the movements in the options market lately.

Birkenstock Holding plc (BIRK) Q4 2025 Earnings Call Transcript

Birkenstock presents a compelling value opportunity after a sharp post-earnings selloff and 25% YTD decline. I reiterate my "Strong Buy" rating, viewing the FY26 guidance-driven dip as an attractive entry point for long-term investors. BIRK's FY26 revenue guidance of 13%-15% growth is conservative, consistent with its historical pattern of under-promising and over-delivering.

The company – known for its chunky cork sandals – said it expects a 100 basis points hit to annual gross margins due to US tariffs in the new fiscal year, which runs through Sept. 30, 2026.

German footwear maker Birkenstock Holding PLC (NYSE:BIRK) reported robust sales and profit for 2025, driven by strong demand for its premium sandals and clogs, but cautioned that growth will slow in the coming year due to production limits and trade-related headwinds. Revenue for fiscal 2025 rose 18% in constant currency to €2.1 billion, surpassing the company's guidance range of 15% to 17%.