Birkenstock (BIRK) falls after quarterly sales miss, Middle East shipment delays

Birkenstock shares fell 8% in New York premarket trading on May 13, 2026, after the German footwear maker missed Wall Street’s second-quarter sales estimates and said the Middle East conflict delayed shipments to the region. Revenue rose to 618.3 million euros, below analysts’ average estimate of 620.07 million euros, according to LSEG. Adjusted earnings fell 9% to 0.50 euros per share from 0.55 euros a year earlier. The company said the conflict had a 6 million euro ($7.02 million) impact on its Europe, Middle East and Africa segment, split between uncompleted deliveries and weaker European consumer sentiment tied to higher energy costs and inflation. Regional sales rose 22% in Asia-Pacific, 10% in EMEA and 4% in the Americas. Gross margin narrowed to 53.9% from 57.7%, pressured by foreign exchange and U.S. tariffs, partly offset by price increases. Birkenstock kept its full-year sales and profit forecasts unchanged.