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MarketBeat
MarketBeat
Business
Chris Markoch

Birkenstock Beats the Skeptics—But Not on EPS

Birkenstock Group AG (NYSE: BIRK) reported its third-quarter earnings for its fiscal year 2026 (FY2026) on Aug. 13 and showed that consumers are still willing to pay for the brands they love. The company beat on the top line, with revenue of €719.53M ($834 million), ahead of expectations of €713.54M ($827.39 million). The growth was broad-based across each of the company’s geographic regions.

The company, known for its iconic footwear, missed on the bottom line, with adjusted earnings per share (EPS) of €0.74 (86 cents), coming in slightly below the estimate of €0.76 (88 cents). Still, both numbers were significantly higher year over year, with much of the pressure attributable to unfavorable currency translation and incremental U.S. tariffs.

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