Birkenstock Holding plc (NYSE:BIRK) stock fell Monday after the company issued a preliminary update on its fiscal first-quarter performance.
Details
Birkenstock said it expects fiscal first-quarter 2026 revenue of $467.99 million, which is modestly below the consensus estimate of $470.63 million.
On a reported basis, the company projects first-quarter revenue of 402 million euros, representing 11.1% year-over-year growth. In constant currency terms, growth is expected to be stronger at 17.8%, with the gap primarily driven by the depreciation of the U.S. dollar against the euro.
Fourth-Quarter Results
In December, Birkenstock reported better-than-expected fourth-quarter fiscal 2025 results, with sales of $615.404 million beating the Street view of $606.670 million.
The company expects adjusted earnings of $2.22 to $2.40 per share in fiscal year 2026, compared with analysts’ estimate of $2.30.
The company forecast sales of $2.689 billion to $2.747 billion in fiscal 2026, versus the Street view of $2.75 billion.
The company will report its first-quarter fiscal 2026 results on February 12, 2026.
BIRK Price Action: Birkenstock Holding shares were down 3.01% at $42.15 during premarket trading on Monday, according to Benzinga Pro data.
Photo by Josh Forden via Shutterstock
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