Record Q3 revenue for Birkenstock

02/09/2024
Record Q3 revenue for Birkenstock

Birkenstock reported a record third-quarter revenue of €565 million, representing a 19% year-on-year increase.

The company attributed the growth to robust demand across all regions. Adjusted EBITDA rose 15% to €186 million, and net profit increased to €75 million.

Birkenstock highlighted strong consumer demand for its closed-toe silhouettes, particularly the Boston clogs. Wholesale demand also remained high, with business-to-business revenue up 23%.

The company maintained its full-year guidance for revenue growth and profitability goals. CEO Oliver Reichert expressed confidence in the company's ability to meet its medium- to long-term objectives.