Birkenstock raises revenue forecast on strong demand, shares jump

Birkenstock now expects fiscal year 2026 revenue growth of 15% on a constant currency basis, compared with its earlier forecast of a 13% to 15% rise. It maintained its annual profit forecast of 1.90 euros to 2.05 euros per share.

Third-quarter revenue rose 13% to 719.5 million euros ($829.1 million), beating analysts' average estimate of 713.4 million euros, according to data compiled by LSEG. Adjusted earnings per share came in at 0.74 euro, below estimates of 0.76 euro.

Shares of the company jumped about 15% to $43.29, but remained shy of its $63.68 record high hit two years ago.

"While there is much nuance including FX pressures and channel and regional specific nuance, BIRK's underlying revenue growth has been consistently industry leading. The noise of the nuance has been loud but the underlying growth has been there the entire time," Simeon Siegel, analyst at Guggenheim Securities, said.