Companies

Birkenstock raises full-year outlook

Aug 24, 2026 Germany

The Germany-based footwear company raised its full-year outlook after achieving double-digit revenue growth in the third quarter, supported by strong performances across all regions and sales channels

“We performed exceptionally well in the third quarter and once again demonstrated the strength of our brand. Given this continued momentum, we raise our Fiscal 2026 guidance for revenue growth to 15% and Adjusted EBITDA to at least 710 million euros”, announced Oliver Reichert, CEO of Birkenstock and Member of the Board of Directors.

Third-Quarter Results

In the third quarter of the 2026 financial year, the company recorded a revenue of 720 million euros, reflecting an increase of 13% (or 15% on a constant currency basis) compared to the same period of the previous financial year.

“Direct-to-consumer growth accelerated, outpacing B2B growth in the quarter, supported by the investments we are making in both own-retail and our digital business. EMEA delivered strong results and APAC remains on track to grow at twice the pace of the other segments for the full year. Our closed-toe share of business continues to expand led by newness in both clogs and shoes”, summarised Reichert.

DTC revenue growth accelerated to 14% year-on-year (or 16% on a constant currency basis), while B2B revenue increased by 13% (or 15% on a constant currency basis), supported by robust, double-digit growth at major partner stores worldwide.

In terms of regions, revenue in the APAC segment grew by 18% (or 23% on a constant currency basis) in the third quarter, followed by the EMEA segment where revenue grew by 15% in both reported and constant currencies compared to the same period in 2025. In the Americas, revenue increased by 11% (or by 14% on a constant currency basis).

In the third quarter of this financial year, Birkenstock reported a gross profit margin of 59.1%, down by 140 basis points from 60.5% in the same period last year, mainly due to unfavourable currency effects, higher US tariffs, and changes in the product mix. Improved capacity absorption offset some of these pressures, while the acquisition of its Australian distributor slightly impacted the margin.

The German-based company saw its adjusted EBITDA rise by 11% to 242 million euros during the quarter, while the adjusted EBITDA margin fell by 70 basis points year-on-year to 33.7%.

In the three months to the end of June, Birkenstock’s net profit declined by 15% year-on-year to 110 million euros, while earnings per share fell by 13% to 0.60 euros, mainly due to 22 million euros in non-recurring expenses related to share buyback and debt refinancing. However, excluding these items, adjusted net profit increased by 15% to 134 million euros, and adjusted earnings per share rose by 19% to 0.74 euros.

Image Credits: hubstyle.it

Germany Birkenstock Companies Footwear Quarter Results Results