Birkenstock Forecasts Slower Growth in Sales of Sandals (1)

Birkenstock Holding Plc predicted a slower pace of sales growth in the coming year as its sandals and clogs contend with the impact of a weaker US dollar and tariffs.

The gross profit margin for the 2026 fiscal year will probably fall to as low as 57% from 59.1% in the prior year, the German company said Thursday. That’s below the 59.8% average of analyst estimates, according to data compiled by Bloomberg.

The US-listed company cited challenges from both adverse currency swings and incremental tariffs, which could each impose a 100-basis-point drag, it said.

Birkenstock’s shares fell as much as ...