Shares of Birkenstock (NYSE:BIRK) declined about 2.1% on Monday after the footwear group reported preliminary first-quarter revenue that came in broadly in line with market expectations.
Birkenstock said preliminary revenue for the quarter totaled €402 million, effectively matching the Bloomberg Consensus forecast of €401.8 million.
The company released the early figures ahead of its appearance at the 2026 ICR Consumer Conference, which is taking place on Monday and Tuesday, and in advance of its scheduled Capital Markets Day on January 28.
Birkenstock is set to publish its full fiscal first-quarter results on February 12, before the opening of U.S. markets.