Birkenstock

BIRK

Market cap $8.29B

Birkenstock announced an accelerated share repurchase program. Last week, the stock had sunk to all-time lows since its 2023 IPO.

Estimates cut on tariff, inflation and Middle East headwinds.

LONDON, UK / ACCESS Newswire / May 21, 2026 / Birkenstock Holding plc ("BIRKENSTOCK" or the "Company", NYSE:BIRK) announced today that it has entered into a $250 million accelerated share repurchase ("ASR") agreement with Goldman Sachs International ("Goldman Sachs"). "Short-term market dynamics have resulted in what we believe is a strong disconnect between our share price and the strength of our underlying fundamentals", said Oliver Reichert, CEO of Birkenstock Group and Member of the Board of Directors of the Company.

Birkenstock is falling out of favor with investors who are abandoning hope that ​the sandal maker can scale into a luxury powerhouse.

Birkenstock NYSE: BIRK reported fiscal second-quarter revenue growth within its target range on a constant-currency basis, while management said foreign exchange, tariffs, inflation and disruptions tied to conflict in the Middle East weighed on reported results and margins.

Birkenstock faces decelerating growth, weak Q2 results, and rising inventories, prompting my downgrade to neutral. BIRK demonstrates resilience with double-digit growth and gross margin improvement from increased capacity absorption, despite macroeconomic headwinds. Risks include a more promotional retail environment, B2B order pullbacks, and intensified competition from brands like CROX.

Birkenstock Holding plc (BIRK) Q2 2026 Earnings Call Transcript

Birkenstock Holding PLC (NYSE:BIRK) shares fell more than 13% on Wednesday after the German sandalmaker reported second-quarter profit that missed analyst estimates, as US tariffs and foreign exchange headwinds weighed on margins despite solid top-line growth. The company posted fiscal second-quarter revenue of 618 million euros, up 8% on a reported basis and 14% in constant currency, broadly in line with expectations.

Birkenstock (BIRK) came out with quarterly earnings of $0.59 per share, missing the Zacks Consensus Estimate of $0.7 per share. This compares to earnings of $0.58 per share a year ago.

LONDON, UK / ACCESS Newswire / May 13, 2026 / Birkenstock Holding plc (together with its subsidiaries, "BIRKENSTOCK", the "Company" or "we", NYSE:BIRK) today announces financial results for the fiscal second quarter ended March 31, 2026. The Company reports second quarter revenue growth of 8% on a reported basis and 14% in constant currency, within the Company's guidance of 13-15% in constant currency, despite the impact to its business from conflicts in the Middle East.