Birkenstock net profit falls 22% on tariffs and currency headwinds
Birkenstock's net profit dropped 22% in the fiscal second quarter, as unfavorable currency movements and U.S. tariffs pushed gross margin down 380 basis points. The German sandal maker's luxury ambitions face headwinds from trade policy and foreign exchange volatility.
Key facts
- Net profit fell 22% in fiscal Q2
- Gross margin declined 380 basis points
- Unfavorable currency moves and U.S. tariffs cited as causes
Entities
Institutions
- Birkenstock
Locations
- Germany
- United States
Sources
- Quartz —