Birkenstock slightly beats Q3 revenue estimates, lifts FY forecast
BIRK•FY26 outlook raised
Birkenstock raised its FY26 revenue growth guidance to 15% in constant currency, at the high end of €2.3 billion to €2.35 billion.
The company also lifted its FY26 adjusted EBITDA outlook to at least €710 million, with a margin of 30.2% to 30.5%. Birkenstock expects APAC to grow at twice the pace of other segments for the full year.
Drivers and segment performance
Direct-to-consumer revenue growth outpaced B2B, driven by strength in digital and in-store channels.
EMEA delivered strong results led by DTC, while APAC saw the highest average selling price and fastest growth.
Gross profit margin declined mainly because of unfavorable currency translation, incremental U.S. tariffs, and product mix.
Q3 revenue slightly beats estimates
Birkenstock said fiscal third-quarter revenue rose 13%, slightly beating analyst expectations.
Adjusted EPS for the quarter rose 19% year over year. The company also completed a €230 million accelerated share repurchase in the quarter.
