Birkenstock Capital Markets Day: Q1 FY26 Growth Holds as FX, Tariffs Bite; 13%-15% Target Reaffirmed
He reiterated management’s view that the brand’s opportunity is not limited to sandals or a fashion cycle, pointing to what he described as “white space” in APAC, the company’s own retail/DTC footprint, and closed-toe shoes. Reichert said APAC has doubled, the retail fleet has doubled since the IPO, and the closed-toe business has reached 38% of the mix, which he said has helped balance seasonal revenue.Reichert reviewed performance since becoming a public company, citing revenue growth of 41% and EBITDA gr ...