Birkenstock posts strong profit growth
20/08/2025
The German sandal maker said it remains well positioned to offset the impact of a 15% U.S. tariff on European imports through price adjustments and cost controls.
Quarterly revenue came in at €635 million ($741 million), slightly below analyst expectations of €636.7 million, while adjusted earnings per share rose to €0.62, above the €0.60 forecast. Gross margin increased by 100 basis points to 60.5%, aided by demand for products such as its suede Boston clogs, which retail at $179.95.
Sales in the Americas grew 16% year-on-year after currency adjustments, down from 20% growth in the previous quarter. Wholesale sales rose 15%, outpacing a 9% increase in direct-to-consumer sales worldwide.