Birkenstock down after quarterly sales miss

Birkenstock Holding

13/05/2026 11:11

** Shares of Birkenstock Holding BIRK.N down 6.6% at $35.43 premarket

** The German sandal maker misses Q2 sales estimates due to uneven demand for its premium sandals and clogs

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

** Logs Q2 adjusted EPS of 0.50 euros, down 9% from 0.55 euros a year earlier

** Co flags 6 million euros ($7.02 million) impact to its Europe, Middle East and Africa segment due to the U.S-Israeli war on Iran

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

($1 = 0.8546 euros)

 (Reporting by Sanskriti Shekhar in Bengaluru)

 ((Sanskriti.Shekhar@thomsonreuters.com))