Consumer

Birkenstock Forecasts Slower Growth in Sales of Sandals

Birkenstock Holding Plc predicted a slower pace of sales growth in the coming year as its sandals and clogs contend with the impact of a weaker US dollar and tariffs.

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.