Birkenstock Holding PLC
BIRK: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| &d | LOCK|H$vg | LOCK|b^%M$z |
Birkenstock Earnings: Strong Sales but Margin Pressure Remains; Shares Fairly Valued
Birkenstock reported fiscal first-quarter 2026 results with 18% constant-currency sales growth, largely driven by strong holiday sales. Gross and operating margins faced headwinds from currency and tariffs, and the previously announced 2026 guidance was reiterated. Shares fell 4% on Feb. 12.
