Birkenstock Shares Rise Over 5% as Company Raises Annual Forecast

Birkenstock's shares rose more than 5% in pre-market trading on Thursday after the German footwear manufacturer reported higher-than-expected third-quarter revenue and improved its 2026 financial guidance.

The company's quarterly revenue totaled €719.5 million, representing 15% annual growth in constant currency and exceeding analyst expectations of €713.2 million. However, adjusted EPS came in at €0.74, slightly below the expected €0.76.

Growth was recorded across all major regions: Americas sales increased 14%, EMEA region grew 15%, and Asia-Pacific region expanded 23%. Direct-to-consumer sales grew 16%, while B2B sales increased 15%.

Birkenstock also raised its 2026 guidance and now expects 15% revenue growth in constant currency, compared with the previous forecast of 13-15%. The adjusted EBITDA guidance was also increased, with the company projecting at least €710 million, up from the prior €700 million.

Despite strong results, EBITDA margin contracted to 33.7%, attributable to negative foreign exchange effects and additional U.S. tariffs.