UK's Birkenstock beats Q4 revenue expectations on strong consumer demand

Birkenstock Holding

18/12/2025 10:10

Corrects headline to show Birkenstock is based in Germany, not UK

Overview

Footwear maker's fiscal 2025 revenue grew 16%, driven by strong consumer demand

Company's Q4 revenue beat analyst expectations

Company repurchased and cancelled 3.9 mln shares for EUR 176 mln

Outlook

Birkenstock expects fiscal 2026 revenue growth of 13-15% in constant currency

Company projects fiscal 2026 adjusted EBITDA of at least EUR 700 mln

Birkenstock plans to open approximately 40 new retail stores globally in fiscal 2026

Result Drivers

CONSUMER DEMAND - Strong consumer demand across all segments drove fiscal 2025 revenue growth of 16%

GEOGRAPHIC GROWTH - APAC led geographic growth with 31% revenue increase on a reported basis

PRODUCTION CAPACITY INVESTMENT - EUR 85 mln invested in production capacity to meet demand

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Beat
EUR 526.34 mln
EUR 515.50 mln (14 Analysts)
Q4 EPS
EUR 0.51
Q4 Adjusted EBITDA Margin
27.80%


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 17 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the footwear peer group is "buy"

Wall Street's median 12-month price target for Birkenstock Holding PLC is $70.00, about 50.9% above its December 17 closing price of $46.40

The stock recently traded at 19 times the next 12-month earnings vs. a P/E of 22 three months ago

Press Release: ID:nEQ3YP4lJa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)