Birkenstock Q2 net profit falls 22% despite revenue rise

Birkenstock reported a 22% autumn successful the 2nd 4th of fiscal 2026 (Q2 FY26) nett net portion saying gross accrued contempt impacts from conflicts successful the Middle East, tariffs and inflation.

For the 4th ended 31 March 2026, the German footwear retailer posted nett net of €82m ($96m).

Revenue accrued 8% to €618m, with changeless currency maturation of 14% crossed each regions. Earnings per stock (EPS) fell to €0.45 from €0.56.

Adjusted nett net declined 10% to €93m and adjusted EPS was down 9% to €0.50.

The institution said this reflected currency translation impacts, incremental US tariffs and a non-cash antagonistic revaluation of the embedded derivative of elder notes.

Profit from operations fell to €155.4m from €175.3m.

Across regions, gross successful the Americas roseate 4% connected a reported ground and 14% successful changeless currency.

Europe, the Middle East and Africa (EMEA) gross accrued 10% reported and 11% successful changeless currency. Meanwhile, Asia-Pacific gross grew 22% reported and 30% successful changeless currency.

In EMEA, Birkenstock said the warfare successful the Middle East reduced quarterly gross by €6m and created an estimated 300 ground constituent headwind to determination growth.

The institution said portion of the effect came from transportation disruptions to the portion portion the remainder reflected weaker user sentiment successful Europe linked to higher vigor costs and inflation.

B2B gross climbed 9% connected a reported ground and 15% successful changeless currency, supported by maturation astatine spouse stores globally.

Direct-to-consumer gross roseate 4% reported and 12% successful changeless currency.

During the quarter, Birkenstock added 5 of its ain retail stores, bringing its planetary store number to 111 arsenic of 31 March 2026.

For the six months ended 31 March 2026, gross accrued to €1.02bn from €936m successful the prior-year period.

Profit from operations edged down to €233.7m from €239.3m portion nett net accrued to €132.4m from €125.2m.

The institution besides confirmed its fiscal 2026 guidance for 13%-15% gross maturation successful changeless currency.

Birkenstock CEO Oliver Reichert said: “Our concern proved precise resilient successful the fiscal 2nd quarter. Despite the ongoing instability successful the Middle East, persistent inflationary pressures, US tariff argumentation evolving unfavourably for america and continued F/X headwinds, we delivered changeless currency gross maturation of implicit 14%.”

"Birkenstock Q2 nett net falls 22% contempt gross rise" was primitively created and published by Retail Insight Network, a GlobalData owned brand.

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