Birkenstock Holding plc (BIRK)
NYSE:BIRK
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Earnings Data
Report Date
Aug 27, 2026Before Open (Confirmed)
Period Ending
2026 (Q3)Consensus EPS Forecast
0.88Last Year’s EPS
0.72Same Quarter Last Year
Strong Buy
Based on 14 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed a predominantly positive operational and commercial picture: strong constant-currency revenue growth, robust regional performance (notably APAC and Americas), significant D2C and retail momentum, and reiteration of full-year targets. However, near-term profitability is pressured by FX, higher U.S. tariffs and a noncash derivative revaluation, and there are identifiable risks from the Middle East conflict and elevated inventory/tariff capitalization. Management presented clear mitigation actions (routing, production ramp, pricing discipline) and demonstrated confidence in meeting guidance.Company Guidance
Strong Constant-Currency Revenue Growth
Q2 revenue of EUR 618 million; reported growth 8% YoY and constant-currency growth 14%, within the company's 13%–15% target range.
Regional Outperformance — APAC and Americas
APAC grew 30% in constant currency (more than 2x other regions) with highest closed-toe penetration and ASP; Americas grew 14% in constant currency, driven by strong B2B demand and partner sell-through up >30% at key partners.
D2C & Owned Retail Momentum
Own retail grew >60% in constant currency; same-store sales up double digits and accelerating. Opened 5 new owned retail doors in Q2 (total 111), on track for ~140 by FY-end.
Profitability Resilience Excluding FX/Tariffs
Adjusted EBITDA EUR 198 million (down 1% reported), but excluding FX and tariff impacts EBITDA was up ~13% and adjusted EBITDA margin would have improved ~60 bps to ~35.4% (vs 32.1 reported). Adjusted gross margin excluding FX/tariffs was up ~10 bps year-over-year.
High Full-Price Realization and Product Momentum
Full-price sell-through remains strong at >90%; closed-toe penetration increased by 300 bps driven by clogs; 11 of top 20 styles are closed-toe and non-Boston silhouettes are growing faster.
Cash Generation and Liquidity Position
Generated EUR 29 million in operating cash in Q2 (vs use of EUR 18 million in Q2 2025); cash and cash equivalents of EUR 201 million at quarter end; FY CapEx guidance EUR 110–130 million.
Operational Execution and Capacity Build
Production ramping to target 10% annual growth in pairs sold; Q2 CapEx EUR 21 million to expand production capacity (Arouca, Görlitz, Stroth, Pasewalk) and begin Wittichenau build-out; increased preproduction of semi-finished uppers to address assembly bottlenecks.
Reiterated Fiscal 2026 Guidance and Capital Allocation
Reiterated FY constant-currency revenue guidance of 13%–15% and adjusted EBITDA target of at least EUR 700 million (30%–30.5% margin). Board intends up to $200 million of share repurchases in fiscal 2026 (subject to market conditions).
BIRK Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
BIRK Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 13, 2026 | $37.95 | $33.07 | -12.86% |
Feb 12, 2026 | $40.00 | $39.42 | -1.45% |
Dec 18, 2025 | $46.40 | $41.14 | -11.34% |
Aug 14, 2025 | $50.23 | $48.41 | -3.62% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Birkenstock Holding plc (BIRK) report earnings?
Birkenstock Holding plc (BIRK) is schdueled to report earning on Aug 27, 2026, Before Open (Confirmed).
What is Birkenstock Holding plc (BIRK) earnings time?
Birkenstock Holding plc (BIRK) earnings time is at Aug 27, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is BIRK EPS forecast?
BIRK EPS forecast for the fiscal quarter 2026 (Q3) is 0.88.
