Business
Birkenstock misses Q2 sales estimates amid weak demand for premium footwear
Revenue falls short of expectations as cautious consumer spending impacts sandal and clog sales

The company posted quarterly revenue of 618.3 million euros ($723.53 million), missing analysts’ estimates of 620.07 million euros, according to data compiled by LSEG. A logo outside a Birkenstock footwear store in Paris. File pictures used for illustrative purpose.
Dubai: Birkenstock reported second-quarter sales below Wall Street expectations on Wednesday, citing uneven demand for its premium sandals and clogs amid a more cautious consumer environment.
The company posted quarterly revenue of 618.3 million euros ($723.53 million), missing analysts’ estimates of 620.07 million euros, according to data compiled by LSEG.
The shortfall reflects softer consumer spending patterns, particularly for higher-end footwear, as economic uncertainty continues to weigh on demand.