Birkenstock down after missing Q2 estimates, flags cost pressures

Birkenstock Holding

13/05/2026 15:41

Updates

** Shares of Birkenstock Holding BIRK.N down as much as 14% at a record low of $32.63

** German sandal maker misses Q2 sales and profit estimates; warns of rising cost pressures in the second half from U.S. tariffs and the Middle East conflict

** Flags 6-million-euro ($7.02 million) impact to its Europe, Middle East and Africa segment due to the U.S-Israel war against Iran

** Reports quarterly revenue of 618.3 million euros ($723.47 million); analysts on average expected 620.07 million euros ($725.54 million), according to data compiled by LSEG

** Logs Q2 adjusted EPS down 9% at 0.50 euros, below estimates of 0.59 euros

** BIRK down 7.2% YTD, as of last close

($1 = 0.8546 euros)

(Reporting by Sanskriti Shekhar in Bengaluru)

((Sanskriti.Shekhar@thomsonreuters.com))