Birkenstock Holding plc announced strong fiscal first-quarter 2025 results, with revenues reaching 362 million euros, an increase of 19% on both a reported and constant currency basis compared to the prior year. This performance exceeded Wall Street expectations and was driven by robust holiday demand across all segments, channels, and product categories.
The company's closed-toe silhouettes demonstrated significant growth, expanding at more than twice the pace of the group average and increasing their share of business by 600 basis points. B2B revenue saw a 30% increase, while Direct-to-Consumer (DTC) revenue grew 11% on a reported basis, with regional growth highlights including 16% in the Americas, 17% in EMEA, and 47% in the APAC segment.
In a separate development, Germany's highest civil court ruled that Birkenstock sandals do not qualify as art and are therefore not protected by copyright. This decision clarifies the scope of intellectual property protection for the company's iconic designs, indicating that while they are recognized as design pieces, they do not meet the criteria for artistic copyright.
Despite the strong revenue performance, the company's reported net income for the quarter was $21.5 million, or 12 cents per share, with adjusted earnings at 19 cents per share. Birkenstock confirmed its full fiscal year 2025 guidance, maintaining its outlook for continued growth and profitability, and reported investing 19 million euros in capital expenditures to expand production capacity.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.