Momentum at Birkenstock, Genesco Suggests Good Holiday Selling Season

Group 1: Birkenstock Holding plc - For the fiscal first quarter 2026, Birkenstock expects revenue of 402 million euros, reflecting an 11.1% year-over-year growth on a reported basis and a 17.8% increase in constant currency [1] - Full-year results showed profits rose 81.8% to 348.3 million euros, with revenue increasing by 16.2% to nearly 2.1 billion euros [2] - CEO Oliver Reichert noted that strong wholesale growth is straining the supply chain due to capacity constraints [2] - Jefferies analyst Randal Konik described the earnings preannouncement as "solid," with revenue in line with expectations and luxury margins remaining intact [2] - William Blair analyst Sharon Zackfia highlighted Birkenstock's strong brand health, with over 90% full-price sell-through [2] Group 2: Genesco Inc. - Genesco reported a 9% increase in comparable sales for the fourth quarter ended Dec. 27, 2025, with same-store sales rising by 10% [2] - The Journeys Group saw a 12% increase in comparable sales, while the Schuh Group rose by 6% and Johnston & Murphy Group increased by 1% [2] - Genesco's president and CEO Mimi Vaughn expressed satisfaction with holiday performance, attributing strong conversion and full-price selling to effective execution during peak demand periods [3]