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 ...