BIRKENSTOCK FINANCIAL RESULTS Q1 FY26 February12, 2026 CAUTIONARY STATEMENT REGARDING FORWARD -LOOKING STATEMENTS Certain statements in this presentation (the "Presentation") of Birkenstock Holding plc (together with all of its subsidiaries, the "Company," "Birkenstock," "we," "our," "ours," or "us") may constitute "forward-looking" statements and information within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the s ...

Core Viewpoint - Birkenstock Holding plc reported strong financial results for the fiscal first quarter ended December 31, 2025, with revenue growth exceeding expectations due to robust holiday demand across all segments and channels [1] Financial Performance - The company achieved a revenue growth of 11% on a reported basis and 18% in constant currency [1] - This performance surpassed the company's Fiscal 2026 guidance of 13-15% growth in constant currency [1]

经济观察网勃肯股票(BIRK.US)近期公布了2026财年的关键发展动态，涉及业绩指引、资本开支、股票 回购及市场策略等多个方面。 业绩经营情况 公司在发布2025财年业绩时，对2026财年给出了营收增长至多15%(即最高23.5亿欧元)的指引，该预期 略低于市场共识。同时，管理层预计2026年毛利率将介于57%至57.5%之间，主要受汇率波动和美国进 口关税的持续影响。后续各季度财报对上述指引的达成情况将是关注焦点。 行业政策与环境 由于大部分生产位于德国，美国对欧盟商品征收的15%进口关税将持续对公司成本构成压力。管理层采 取的针对性提价、供应链优化等措施能否有效抵消关税和汇率波动带来的不利影响(预计对毛利率造成 约100个基点的拖累)需要持续观察。 业务进展情况 公司计划在全球范围内持续扩展直营零售网络，目标是在2027年前将全球门店数量扩展至约150家，其 中美国市场计划开设25-30家门店。新店开设的进度及其对直接面向消费者(DTC)渠道销售的拉动作用是 重要看点。 经营状况 闭趾鞋(如Boston系列)营收占比在2025财年已提升至38%，其增长势头能否持续超越经典凉鞋，以及亚 太市场(2025财 ...

Wall Street expects a year-over-year increase in earnings on higher revenues when Birkenstock (BIRK) reports results for the quarter ended December 2025. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on February 1 ...

Core Insights - Birkenstock's growth strategy emphasizes expanding beyond sandals, targeting opportunities in the Asia-Pacific (APAC) region, direct-to-consumer (DTC) channels, and closed-toe shoes [1][4][5] Financial Performance - The company reported a revenue growth of 41% and EBITDA growth of 38% in the first two years post-IPO, with a deleverage of 55% [2] - Preliminary Q1 FY26 revenue reached EUR 402 million, reflecting an 18% increase on a constant-currency basis and an 11% reported growth [6][7] - Adjusted gross margin fell to 57.4%, down 290 basis points year-over-year, primarily due to foreign exchange and U.S. tariffs [11] Growth Strategy - Management reaffirmed a three-year plan targeting 13-15% constant-currency revenue growth, over 30% EBITDA margins, and approximately 15-17% EPS growth in constant currency [5][12] - The company aims to double APAC revenue by FY28, with expectations of about EUR 1 billion incremental revenue by fiscal 2028 compared to fiscal 2025 [14][18] Regional Insights - In the Americas, the company has around 10,000 distribution points and plans to open 30 additional stores, expecting over 10% growth in the region [15][16] - EMEA is characterized by a strong margin profile and growth opportunities in under-penetrated markets [17] - APAC is positioned in the premium luxury segment, with plans to open 70 stores and add 100 partner stores, expecting revenue to double over three years [18] Supply Chain and Capacity - The vertically integrated supply chain model supports a target of 10% annual unit growth, with significant investments in production facilities [19][20] - Expansion efforts are underway at key sites to enhance production capabilities and efficiency [21]

Core Insights - The presentation is led by Megan Kulick, the Director of Investor Relations for Birkenstock Holding, who expresses gratitude for attendees braving challenging weather conditions to participate in the event [1]. Group 1 - The event is taking place in a beautiful venue, indicating a focus on creating a positive atmosphere for investors [1]. - The company is engaging with both in-person and online attendees, highlighting its commitment to investor relations and communication [1]. Group 2 - The presentation includes legal disclaimers regarding forward-looking statements, which are subject to safe harbor provisions under financial securities laws [2].

Core Insights - The German footwear maker, known for its cork sandals, aims to significantly expand its store presence by the fiscal year 2028 [1] Company Expansion Plans - The company plans to multiply its store footprint, indicating a strong growth strategy and confidence in market demand [1]

Birkenstock (NYSE:BIRK) 2026 Capital Markets Day Summary Company Overview - **Company**: Birkenstock Holding - **Event**: 2026 Capital Markets Day - **Date**: January 28, 2026 - **Key Speaker**: Oliver Reichert, CEO Core Industry Insights - **Footwear Industry**: Birkenstock positions itself not merely as a footwear brand but as the inventor of the footbed, emphasizing its orthopedic medical asset nature [6][5] - **Market Position**: The company has delivered 72 million pairs of footbeds since its IPO, with a total of approximately 360 million footbeds delivered since the CEO's tenure began [6][7] Financial Performance - **Growth Metrics**: - Revenue growth of 41% and EBITDA growth of 38% since IPO [9] - Q1 2026 revenue reached EUR 402 million, reflecting an 18% growth in constant currency and 11% in reported growth [20][21] - EPS increased by 50% year-over-year to $0.27 [23] - **Margin Analysis**: - Adjusted gross margin at 57.4%, down 290 basis points due to FX and tariff pressures [22] - Adjusted EBITDA margin at 26.5%, down 170 basis points year-over-year [22] Strategic Growth Areas - **Geographic Expansion**: - Significant growth in the APAC region, with a 37% increase in constant currency [24] - Doubling of business in APAC and own retail since IPO [11] - **Product Diversification**: - Closed-toe shoe business now accounts for 38% of total business [11] - Focus on expanding the retail footprint with plans to open 30 more stores [62] Market Dynamics - **Consumer Behavior**: - Shift towards in-store purchases, especially among younger consumers, who are new to the brand [28][49] - The average Birkenstock consumer owns 3.6 pairs, indicating potential for growth among new customers [50] - **B2B vs. DTC**: - B2B channel grew 24% in constant currency, while DTC grew 12% [24] - B2B is seen as an efficient way to acquire new consumers, leveraging retail partners for marketing [29] Future Outlook - **Revenue Growth Guidance**: - Projected revenue growth of 13%-15% in constant currency for the next three years [32] - EPS growth expected to be around 15%-17% in constant currencies [32] - **Capacity and Investment**: - Commitment to maintain 30%+ EBITDA margins despite increased tariffs and FX impacts [33] - Plans for continued investment in manufacturing and retail expansion, alongside share buybacks of $200 million per year [34][35] Additional Insights - **Market Comparisons**: - Birkenstock compares itself to brands like Nike, Lululemon, and Hermès, emphasizing its unique market position and high margins [10] - **Operational Resilience**: - The company has shown resilience amidst market challenges, with minimal impact from external pressures compared to competitors [17] This summary encapsulates the key points from the Birkenstock Capital Markets Day, highlighting the company's strategic direction, financial performance, and market positioning.

CAPITAL MARKETS DAY NYC JANUARY 28, 2026 CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS Certain statements in this presentation (the "Presentation") of Birkenstock Holding plc (together with all of its subsidiaries, the "Company," "Birkenstock," "we," "our," "ours," or "us") may constitute "forward-looking" statements and information within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the safe harbor prov ...

Core Insights - Birkenstock's sales in the U.S. account for just over half of its total sales, but this percentage is declining as other regions experience growth [1] Group 1 - The company is facing challenges as it appears to hit rock bottom repeatedly, indicating ongoing struggles in the market [1]