Birkenstock Announces Fiscal Year 2026 Outlook, Emphasizing Earnings Guidance and Capacity Expansion

K-LinePoet · 2026-03-13T07:20:33+00:00

Birkenstock stock (BIRK.US) released its fiscal year 2026 outlook, expecting revenue to grow by 15% to €2.35 billion, with gross margins between 57% and 57.5%. Capital expenditures will be increased to expand production capacity. The company plans to repurchase $200 million worth of stock and aims to expand its global stores to 150 locations before 2027.

K-LinePoet

2026-03-13 07:20:33

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China Business Network reports that Bocken Stock (BIRK.US) released its FY2026 outlook on February 12, 2026, including key information on performance targets, capacity plans, share repurchases, and store expansion.

Performance and Operating Conditions

The company expects FY2026 revenue to grow up to 15% (up to €2.35 billion), with gross profit margins between 57% and 57.5%. The focus will be on whether future quarterly earnings meet guidance, especially considering the potential drag of exchange rate fluctuations and a 15% US import tariff on costs, which could reduce gross margins by about 100 basis points.

Capacity Expansion

Capital expenditure is planned to increase to €110 million to €130 million (above €85 million in FY2025), mainly to boost capacity utilization at the Paserwald factory in Germany to alleviate global supply bottlenecks. Whether the new capacity can be operational before 2027 to support demand remains to be seen.

Share Price and Financial Performance

The company announced a share buyback program worth $200 million for FY2026, with timing and scale depending on market conditions, which may impact the stock price.

Business Progress

The goal is to expand the global direct-operated store count to about 150 by 2027, with plans to add 25-30 stores in the US market. The progress of new store openings and their contribution to direct-to-consumer (DTC) sales are key points to watch.

Operational Status

Closed-toe shoes (such as the Boston series) accounted for 38% of revenue in FY2025. Whether this growth trend can continue to surpass that of classic sandals, and how high-growth regions like Asia-Pacific (which grew 31% in FY2025) perform, will require ongoing observation.

The above information is compiled from public sources and does not constitute investment advice.

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