Birkenstock Holding plc (NYSE:BIRK) shares fell on Wednesday after the company reported second-quarter adjusted EPS below estimates and margin pressure tied to unfavorable currency translation, evolving U.S. tariff policies and ongoing instability in the Middle East.
Despite the softer profitability, the German shoemaker posted double-digit constant-currency revenue growth across all regions, led by APAC, and reaffirmed its 2026 sales and adjusted EPS guidance.
What Happened?
Birkenstock reported second-quarter adjusted earnings per share of 59 cents, missing the analyst consensus estimate of 70 cents. Quarterly sales of $724.068 million outpaced the Street view of $723.930 million.
Revenue increased 8% on a reported basis and 14% in constant currency.
The company reported double-digit constant-currency revenue growth across all regions, led by APAC with 30% growth, followed by the Americas at 14% and EMEA at 11%. On …