Birkenstock misses quarterly sales estimates, flags Middle East hit

Reuters

Wed, May 13, 2026 astatine 5:02 AM CDT 2 min read

May 13 (Reuters) - Birkenstock missed Wall Street estimates for second-quarter income connected Wednesday owed to uneven request for its premium ‌sandals and clogs, and said the Middle East struggle delayed immoderate ‌shipments to the region.

Shares of the German sandal shaper were down 8% successful premarket ​trading successful New York arsenic it besides flagged a 6 cardinal euros ($7.02 million) interaction to its Europe, Middle East and Africa (EMEA) conception owed to the U.S-Israeli warfare connected Iran.

About fractional of the interaction came from the institution ‌being incapable to implicit ⁠certain deliveries to the region, Birkenstock said, adding that the remainder of the interaction reflected softer user sentiment ⁠in Europe driven chiefly by higher vigor costs and persistent ostentation linked to the conflict.

The results travel against a much uncertain backdrop for discretionary spending, ​as geopolitical ​tensions and elevated ostentation temper user ​sentiment. However, premium players specified ‌as Birkenstock person been comparatively resilient successful caller quarters.

Birkenstock kept its yearly income and nett forecasts unchanged contempt the Middle East impact, arsenic the institution leans connected controlled organisation and full-price selling.

Revenue maturation astatine the institution was led by the Asia-Pacific, wherever income jumped 22% connected a ‌reported ground during the quarter, portion the ​Americas grew 4% and EMEA roseate 10%.

Gross ​margin fell to 53.9% ​from 57.7% a twelvemonth earlier, deed by overseas speech ‌pressures and U.S. tariffs, partially offset ​by higher prices.

It posted ​quarterly gross of 618.3 cardinal euros, missing analysts' mean estimation of 620.07 cardinal euros, according to information compiled by LSEG.

It earned ​0.50 euros per stock ‌on an adjusted basis, down 9% from 0.55 euros a ​year earlier.

($1 = 0.8546 euros)

(Reporting by Savyata Mishra successful Bengaluru; Editing ​by Leroy Leo and Devika Syamnath)