Birkenstock's third quarter 2026 revenue growth of 15% beat estimates while guidance was raised

Birkenstock reported fiscal third quarter 2026 revenue of €720 million, representing 15% growth on a constant currency basis. The company raised its full-year outlook for revenue and Adjusted EBITDA, driven by strong momentum in the Direct-to-Consumer channel and double-digit expansion across all geographic segments.

Key Highlights

• Constant currency revenue growth of 15% reached the high end of targets, led by 23% growth in the APAC region.
• DTC revenue increased 16% in constant currency, supported by 13 new store openings and expanded digital business.
• Adjusted gross profit margin contracted 130 basis points to 59.2%, primarily due to a 70 bps drag from U.S. tariffs and 60 bps from unfavorable currency translation.
• The company raised FY2026 guidance to 15% constant currency revenue growth and Adjusted EBITDA of at least €710 million.