Birkenstock Jumps 6% on Earnings Beat, Raises Full-Year Profit Margin Forecast

Birkenstock (NYSE:BIRK) surged nearly 6% on Thursday after reporting a stronger-than-expected second quarter and boosting its full-year profit outlook, signaling continued momentum for the iconic footwear brand.

The company posted earnings per share of €0.56, edging past the €0.54 consensus. Revenue climbed 19% year-over-year to €574.3 million, exceeding forecasts of €567.2 million. Strong operational performance also pushed operating profit up 32% to €175.3 million, ahead of the €160.5 million estimate.

Adjusted EBITDA grew 23% to €200.1 million, while gross margin expanded to 57.7%, topping both last year’s level and analyst expectations. Building on this solid performance, Birkenstock raised its full-year guidance. It now anticipates revenue growth at the high end of its previous 15%–17% range on a constant currency basis. The company also upgraded its adjusted EBITDA margin outlook to between 31.3% and 31.8%, up from 30.8%–31.3%, and sees full-year adjusted EBITDA reaching €660–€670 million—above the €657.2 million consensus.