Operating profit for the second quarter of the current fiscal year fell 11 percent to 155.5 million euros. That was below analysts' average forecast of 168.1 million euros, according to Bloomberg.
Revenue increased almost 8 percent to EUR 618.3 million.
For the fiscal year ending in September, Birkenstock expects sales growth of 13-15 percent, adjusted for currency effects, with an adjusted profit margin - adjusted gross profit as a percentage of revenue - of 57.0-57.5 percent.
Birkenstock has already had a tough year on the stock market, falling 7 percent before the report. After the report, the stock fell nearly another 7 percent.
