Birkenstock launches €900M 2033 notes offering
Birkenstock Holding plc has launched an offering of €900 million senior notes due 2033 through its indirect subsidiary Birkenstock Group B.V. & Co. KG.
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Rhea-AI Filing Summary
Birkenstock Holding plc has launched an offering of €900 million senior notes due 2033 through its indirect subsidiary Birkenstock Group B.V. & Co. KG. The notes are expected to be guaranteed on a senior unsecured basis by certain subsidiaries and listed on The International Stock Exchange.
The company plans to use the gross proceeds to redeem €428.5 million of existing 5.25% senior notes due 2029, fund potential ordinary share repurchases or, alternatively, refinance other debt and for general corporate purposes, and pay related fees and expenses. Separately, Birkenstock may repurchase up to $500 million (approximately €431 million) of its ordinary shares, including from BK LC Lux MidCo S.à r.l.
As of June 1, 2026, cash and cash equivalents were about €176 million, reflecting a previously announced $250 million accelerated share repurchase, a related €110 million revolving credit facility drawing, and roughly €80 million of net operating cash inflow since April 1, 2026.
Insights
Birkenstock shifts and refinances debt while opening room for sizable buybacks.
Birkenstock is marketing €900 million of senior notes due 2033, primarily to redeem its €428.5 million 5.25% notes due 2029, fund possible share repurchases, and cover related fees and debt facility amendments. This extends debt maturities and may change interest cost once pricing is set.
The company has board-level flexibility to repurchase up to $500 million (about €431 million) of shares or instead allocate funds to other debt and general purposes. Actual balance-sheet impact will depend on final note terms, how much of the authorization is used, and future operating cash generation.
Preliminary cash of roughly €176 million as of June 1, 2026 already reflects a $250 million accelerated share repurchase and about €80 million of operating cash inflow. These figures are unaudited and may change after the quarter ending June 30, 2026 is closed, so subsequent disclosures will refine the liquidity picture.
Key Figures
Key Terms
senior notes financial
Rule 144A regulatory
Term and Revolving Facilities Agreement financial
intercreditor agreement financial
Prospectus Regulation regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What debt offering did Birkenstock (BIRK) announce in June 2026?
How will Birkenstock use the €900 million senior notes proceeds?
What is Birkenstock’s recent cash position mentioned in the 6-K?
What changes are expected to Birkenstock’s loan and security arrangements?
Are Birkenstock’s preliminary cash figures in the June 2026 6-K audited?
AI-generated analysis. How Rhea-AI works. Not financial advice.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE
SECURITIES EXCHANGE ACT OF 1934
For the month of June 2026
Commission File Number 001-41836
Birkenstock Holding plc
(Translation of registrant’s name into English)
1-2 Berkeley Square
London W1J 6EA
United Kingdom
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F. Form 20-F ☒ Form 40-F ☐
Offering of Senior Notes due 2033 by Birkenstock Group B.V. & Co. KG and certain announcements in connection therewith
On June 15, 2026, Birkenstock Holding plc (NYSE: BIRK) (the “Company” and, together with its subsidiaries, the “Group”) announced an offering (the “Offering”) of €900,000,000 in aggregate principal amount of senior notes due 2033 (the “Notes”) by Birkenstock Group B.V. & Co. KG, an indirect wholly-owned subsidiary of the Company (the “Issuer”) and certain other information related to the Offering. The Notes are expected to be guaranteed on the issue date on a senior unsecured basis by certain of the Company’s subsidiaries.
Application will be made to The International Stock Exchange Authority Limited for the listing of and permission to deal in the Notes on the Official List of The International Stock Exchange.
The Issuer intends to use the gross proceeds from the Offering, directly or indirectly, (i) to redeem the €428.5 million of outstanding 5.25% Senior Notes due 2029 issued by Birkenstock Financing S.à r.l. (the “Existing Notes”), including any accrued and unpaid interest thereon, (ii) for financing any repurchases of the Company’s ordinary shares or, to the extent such share repurchases are commercially unreasonable or otherwise not feasible or preferable, refinancing other existing indebtedness of the Group and general corporate purposes, in each case as described in the press releases furnished as Exhibits 99.1 and 99.2 hereto and (iii) to pay fees and expenses associated with the foregoing transactions and certain amendments to the Group’s term and revolving facilities agreement.
There can be no assurance that the Issuer will be able to complete the Offering on the terms and conditions described herein or at all.
Copies of the press releases relating to the above matters are furnished as Exhibits 99.1 and 99.2 to this Report on Form 6-K and incorporated by reference herein.
The information in Exhibits 99.1 and 99.2 hereto is also incorporated by reference into the Company’s registration statements on Form F-3 (File No. 333-284905), filed with the U.S. Securities and Exchange Commission (the "SEC") on February 13, 2025, and Form S-8 (File No. 333-274968), filed with the SEC on October 13, 2023, in each case to be a part thereof from the date on which this report is submitted, to the extent not superseded by documents or reports subsequently filed or furnished.
The information in this Report on Form 6-K (including Exhibits 99.1 and 99.2 hereto) shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such a filing.
2
Exhibit Index
Exhibit Number |
Description |
99.1 |
Press Release of Birkenstock Holding plc, dated June 15, 2026 (Launch of the Offering). |
99.2 |
Press Release of Birkenstock Holding plc, dated June 15, 2026 (Other Announcements). |
3
Signatures
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
|
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Birkenstock Holding plc |
|
|
|
Date: June 15, 2026 |
|
By:_/s/ Ruth Kennedy____________ |
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Name: Ruth Kennedy |
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Title: Director |
4
Exhibit 99.1
PRESS RELEASE |
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MEDIA CONTACT Birkenstock Holding plc ir@birkenstock-holding.com |
LONDON, UNITED KINGDOM || JuNE 15, 2026 |
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OFFERING OF SENIOR NOTES DUE 2033 BY BIRKENSTOCK GROUP B.V. & CO. KG
Birkenstock Holding plc (“BIRKENSTOCK” or the “Company”, NYSE: BIRK), announced today that its indirect wholly-owned subsidiary Birkenstock Group B.V. & Co. KG (the “Issuer”) has launched an offering (the “Offering”) of €900,000,000 in aggregate principal amount of senior notes due 2033 (the “Notes”).
The Notes are expected to be guaranteed on the issue date on a senior unsecured basis by certain of Birkenstock’s subsidiaries.
Application will be made to The International Stock Exchange Authority Limited for the listing of and permission to deal in the Notes on the Official List of The International Stock Exchange.
The gross proceeds from the Offering will be used, directly or indirectly, (i) to redeem the €428.5 million of outstanding 5.25% Senior Notes due 2029 issued by Birkenstock Financing S.à r.l. (the “Existing Notes”), including any accrued and unpaid interest thereon, (ii) for (a) financing any repurchases of ordinary shares of the Company as announced separately today (the “Share Repurchases”) or (b) to the extent Share Repurchases are commercially unreasonable or otherwise not feasible or preferable, refinancing other existing indebtedness of Birkenstock and its subsidiaries and general corporate purposes, and (iii) to pay fees and expenses associated with the foregoing transactions and certain amendments to the term and revolving facilities agreement of certain subsidiaries of Birkenstock announced separately today (the “Term and Revolving Facilities Agreement Amendments”).
There can be no assurance that the Issuer will be able to complete the Offering on the terms and conditions described herein or at all.
This press release is for informational purposes only and does not constitute an offer to sell or the solicitation of an offer to buy the Notes, nor shall it constitute an offer, solicitation or sale in any jurisdiction in which, or to any person to whom, such offer, solicitation or sale would be unlawful. This announcement is not an offer of securities for sale in the United States. The Notes and the guarantees thereof will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"), or the securities laws of any other jurisdiction, and may not be offered or sold within the United States except pursuant to an exemption from, or in a transaction
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BIRKENSTOCK HOLDING PLC || press release || June 15, 2026 |
not subject to, the registration requirements of the Securities Act. In the United States, the Offering will be made only to "qualified institutional buyers" (as defined in Rule 144A under the Securities Act (“Rule 144A”)) in compliance with Rule 144A and outside the United States to non-U.S. persons in reliance on Regulation S under the Securities Act (and, in a member state of the European Economic Area (the “EEA”), only to qualified investors within the meaning of Article 2(e) of Regulation (EU) 2017/1129 (as amended, the "Prospectus Regulation") and, in the United Kingdom, only to qualified investors as defined in paragraph 15 of Schedule 1 to the Public Offers and Admissions to Trading Regulations 2024 (the "POATRs")).
This announcement does not constitute a notice of redemption of the Existing Notes. Neither the content of Birkenstock's website nor any website accessible by hyperlinks on Birkenstock's website is incorporated in, or forms part of, this announcement.
It may be unlawful to distribute this announcement in certain jurisdictions. This announcement is not for distribution in Canada, Japan or Australia. The distribution of this announcement into certain jurisdictions may be restricted by law. Persons into whose possession this announcement comes should inform themselves about and observe any such restrictions. Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction. The information in this announcement does not constitute an offer of securities for sale in Canada, Japan or Australia.
The Notes are not intended to be offered, sold, distributed or otherwise made available to, and should not be offered, sold, distributed or otherwise made available to, any retail investor in the EEA. For these purposes, a "retail investor" means a person who is one (or more) of: (i) a retail client as defined in point (11) of Article 4(1) of Directive 2014/65/EU (as amended, "MiFID II"); (ii) a customer within the meaning of Directive 2016/97/EU (as amended, the "Insurance Distribution Directive"), where that customer would not qualify as a professional client as defined in point (10) of Article 4(1) of MiFID II; or (iii) not a "qualified investor" as defined in the Prospectus Regulation. Consequently, no key information document required by Regulation (EU) No 1286/2014 (as amended, the "PRIIPs Regulation") for offering, selling or distributing the Notes or otherwise making them available to retail investors in the EEA has been prepared and therefore offering, selling or distributing the Notes or otherwise making them available to any retail investor in the EEA may be unlawful under the PRIIPs Regulation. This announcement has been prepared on the basis that any offer of the Notes in any Member State of the EEA will be made pursuant to an exemption under the Prospectus Regulation from the requirement to produce a prospectus for offers of the Notes.
The Notes are not intended to be offered, sold, distributed or otherwise made available to, and should not be offered, sold, distributed or otherwise made available to, any retail investor in the United Kingdom (the “UK”). For these purposes, a retail investor means a person who is either one (or both) of the following: (i) not a professional client, as defined in point (8) of Article 2(1) of Regulation (EU) No 600/2014 as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018 or; (ii) not a qualified investor as defined in paragraph 15 of Schedule 1 to the Public Offers and Admissions to Trading Regulations 2024 (the “POATRs”). Consequently, no product summary as defined in the FCA Product Disclosure Sourcebook (“DISC”) for offering, selling or distributing the Notes or otherwise making them available to retail investors in the UK has been prepared and, therefore, offering, selling or distributing the Notes or otherwise making them available to any retail investor in the UK may be unlawful under DISC
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BIRKENSTOCK HOLDING PLC || press release || June 15, 2026 |
and the Consumer Composite Investments (Designated Activities) Regulations 2024. This announcement has been prepared on the basis that any offer of the Notes in the UK will be made pursuant to an exception under the POATRs from the prohibition on offers to the public.
This press release is only directed at: (i) in the United Kingdom, persons having professional experience in matters relating to investments falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (as amended, the “Order”); (ii) high net worth entities falling within Article 49(2)(a) to (d) of the Order; (iii) persons who are outside the United Kingdom; and (iv) any other person to whom it can otherwise be lawfully distributed (all such persons together being referred to as “Relevant Persons”). Any investment or investment activity to which this press release relates is available only to and will be engaged in only with Relevant Persons, and any person who is not a Relevant Person should not rely on it. No money, securities or other consideration is being solicited, and, if sent in response to the information contained herein, will not be accepted.
MiFID II professionals/ECPs-only – Manufacturer target market (MIFID II product
governance) is eligible counterparties and professional clients only each as defined
under MiFID II (all distribution channels).
UK MiFIR professionals/ECPs-only – Manufacturer target market (UK MiFIR product
governance) is eligible counterparties and professional clients only (all distribution
channels).
ABOUT BIRKENSTOCK
Birkenstock Holding plc is the ultimate parent Company of Birkenstock Group B.V. & Co. KG and its subsidiaries (the "Birkenstock Group"). BIRKENSTOCK is a global brand which embraces all consumers regardless of geography, gender, age and income and which is committed to a clear purpose - encouraging proper foot health. Deeply rooted in studies of the biomechanics of the human foot and backed by a family tradition of shoemaking that can be traced back to 1774, BIRKENSTOCK is a timeless «super brand» with a brand universe that transcends product categories and ranges from entry-level to luxury price points while addressing the growing need for a conscious and active lifestyle. Function, quality and tradition are the core values of the Zeitgeist brand which features products in the footwear, sleep systems and natural cosmetics categories. BIRKENSTOCK is the inventor of the footbed and has shaped the principle of walking as intended by nature ("Naturgewolltes Gehen").
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS
Certain statements in this press release may constitute “forward-looking” statements and information within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Such forward-looking statements relate to our current expectations and views of future events, including our current expectations and views with respect to, among other things, our operations and financial performance. In particular, such forward-looking statements include statements relating to the Offering, the intended use of proceeds therefrom (including the redemption of the Existing Notes and any Share Repurchases) and the Term and Revolving Facilities Agreement Amendments. Forward-looking statements include all statements that do not relate to matters of historical fact. In some cases, you can identify these forward-looking statements by the use of words such as “anticipate,” “believe,” “could,” “expect,” “should,” “plan,” “intend,” “estimate” and “potential,” “aim,” “anticipate,” “assume,” “continue,” “could,” “expect,” “forecast,” “guidance,” “intend,” “may,” “ongoing,” “plan,” “potential,” “predict,” “project,” “seek,” “should,” “target,” “will,” “would” or similar words or phrases, or the negatives of those words or phrases. The forward-looking statements contained in this press release are based on the Company’s current expectations and are not guarantees of future performance. Forward-looking statements are subject to known and unknown risks, uncertainties and other factors and are based on potentially inaccurate assumptions that could cause actual results to differ materially from those expected or implied by the forward-looking statements. Our actual results could differ materially from those expected in our forward-looking statements for many reasons, including: our dependence on the image and reputation of the BIRKENSTOCK brand; the intense competition we face from both established companies and newer entrants into the market; our ability to execute our DTC growth strategy and risks associated with our e-commerce platforms; our ability to adapt to changes in consumer preferences and attract new customers; our ability to attract and retain customers, and the
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BIRKENSTOCK HOLDING PLC || press release || June 15, 2026 |
effectiveness and efficiency of our marketing efforts; risks related to merchandise returns; harm to our brand and market share due to counterfeit products; our ability to successfully operate and expand retail stores, and our dependence on favorable lease terms, brand awareness and the ability to hire adequate staff to successfully operate such retail stores; economic conditions impacting consumer spending, such as inflation, tariffs and other trade policy actions, the deterioration of consumer sentiment, a deterioration of the macroeconomic situation generally, and our ability to react to any of them; the relative illiquidity of our real property investments and our ability to sell properties on reasonable terms in response to changing economic, financial and investment conditions; risks related to our non-footwear products; failure to realize expected returns from our investments in our businesses and operations; our ability to adequately manage our acquisitions, investments or other strategic initiatives; our ability to manage our operations at our current size or manage future growth effectively; currency exchange rate fluctuations; risks related to global or regional health events; our dependence on third parties for our sales and distribution channels, as well as deterioration or termination of relationships with major wholesale partners; risks related to the conversion of wholesale distribution markets to owned and operated markets and risks related to productivity or efficiency initiatives; operational challenges related to the distribution of our products; seasonality, weather conditions and climate change; adverse events influencing the sustainability of our supply chain or our relationships with major suppliers, or increases in raw materials or labor costs; our ability to effectively manage inventory; unforeseen business interruptions and other operational problems at our production facilities, as well as disruptions to our shipping and delivery arrangements; fluctuations in product costs and availability due to fuel price uncertainty; failure to attract, hire, train and retain key employees and deterioration of relationships with employees, employee representative bodies and stakeholders; our dependence on the services and reputation of our Chief Executive Officer; adequate protection, maintenance and enforcement of our trademarks and other intellectual property rights; regulations governing the use and processing of personal data, as well as disruption and security breaches affecting information technology systems; payment-related risks related to the use of credit cards and debit cards; the reliance of our operations, products, systems and services on complex IT systems; risks related to international markets; risks related to litigation, compliance and regulatory matters, including corporate responsibility and ESG matters; risks related to climate change and regulatory responses to it; inadequate insurance coverage, or increased insurance costs; compliance with existing laws and regulations or changes in such laws and regulations; tax-related risks; risks related to our amount of indebtedness, its restrictive covenants and our ability to repay our debt; control by our Principal Shareholder whose interests may conflict with ours or yours in the future; material weaknesses identified in our internal control over financial reporting and our ability to remediate such material weaknesses; our status as a foreign private issuer and as a “controlled company” within the meaning of the NYSE rules; natural disasters, public health crises, political crises, civil unrest and other catastrophic events beyond control and the factors described in the sections titled “Cautionary Statement Regarding Forward-Looking Statements” and “Risk Factors” in our Annual Report on Form 20-F filed with the U.S. Securities and Exchange Commission on December 18, 2025, as updated, from time to time, by our reports on Form 6-K that update, supplement or supersede such information. Any forward-looking statement made by us in this press release speaks only as of the date of this press release and is expressly qualified in its entirety by the cautionary statements included in this press release. We undertake no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments, or otherwise, except as required by law.
INVESTOR & MEDIA CONTACT
Birkenstock Holding plc
ir@birkenstock-holding.com
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BIRKENSTOCK HOLDING PLC || press release || June 15, 2026 |
Exhibit 99.2
PRESS RELEASE |
|
MEDIA CONTACT Birkenstock Holding plc ir@birkenstock-holding.com |
LONDON, UNITED KINGDOM || JuNE 15, 2026 |
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Birkenstock MAKES CERTAIn ANNOUNCEMENTS in connection with SEPARATELY ANNOUNCED TRANSACTIONS
Birkenstock Holding plc (“BIRKENSTOCK” or the “Company”, NYSE: BIRK) makes certain announcements as outlined below.
In connection with the transactions separately announced today, Birkenstock may, at its discretion, repurchase further ordinary shares of the Company for an aggregate amount of up to $500 million (€431 million equivalent), including from BK LC Lux MidCo S.à r.l., either in open market transactions, directly negotiated trades or as part of any registered offerings subject to, among other things, market conditions and the liquidity position of Birkenstock and its subsidiaries (the “Share Repurchases”) or, to the extent Share Repurchases are commercially unreasonable or otherwise not feasible or desirable, it may apply such amounts to refinance other existing indebtedness of Birkenstock and its subsidiaries or for general corporate purposes. The timing, manner, price and amount of any Share Repurchases at Birkenstock’s discretion will depend on a number of factors, including market conditions, the trading price of the ordinary shares, Birkenstock's liquidity position and other considerations.
In addition, in connection with the transactions separately announced today, certain subsidiaries of Birkenstock expect to enter into certain amendments (the “Term and Revolving Facilities Agreement Amendments”) to that certain term and revolving facilities agreement dated May 28, 2024, as amended (the “Term and Revolving Facilities Agreement”). The Term and Revolving Facilities Agreement Amendments are conditional on, and will become effective upon, the completion of such transactions. Pursuant to the Term and Revolving Facilities Agreement Amendments, it is expected that all liens and security interests securing the obligations under the Term and Revolving Facilities Agreement will be released. In addition, in connection therewith, the intercreditor agreement dated April 28, 2021, entered into by, among others, certain subsidiaries of Birkenstock, will be terminated.
As of June 1, 2026, the cash and cash equivalents of Birkenstock and its subsidiaries were approximately €176 million, reflecting the consummation of the previously announced $250 million accelerated share repurchase (including a related €110 million drawing in May 2026 under the existing revolving credit facility) and a net cash inflow from operations between April 1, 2026 and June 1, 2026, of approximately €80 million.
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BIRKENSTOCK HOLDING PLC || press release || JuNE 15, 2026 |
The preliminary cash position information above has neither been audited nor reviewed by Birkenstock’s auditors, remains subject to the completion of Birkenstock’s financial closing procedures for the fiscal quarter ending June 30, 2026 and does not purport to indicate cash and cash equivalents as of any future date.
This press release is for informational purposes only and does not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.
ABOUT BIRKENSTOCK
Birkenstock Holding plc is the ultimate parent Company of Birkenstock Group B.V. & Co. KG and its subsidiaries (the "Birkenstock Group"). BIRKENSTOCK is a global brand which embraces all consumers regardless of geography, gender, age and income and which is committed to a clear purpose - encouraging proper foot health. Deeply rooted in studies of the biomechanics of the human foot and backed by a family tradition of shoemaking that can be traced back to 1774, BIRKENSTOCK is a timeless «super brand» with a brand universe that transcends product categories and ranges from entry-level to luxury price points while addressing the growing need for a conscious and active lifestyle. Function, quality and tradition are the core values of the Zeitgeist brand which features products in the footwear, sleep systems and natural cosmetics categories. BIRKENSTOCK is the inventor of the footbed and has shaped the principle of walking as intended by nature ("Naturgewolltes Gehen").
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS
Certain statements in this press release may constitute “forward-looking” statements and information within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Such forward-looking statements relate to our current expectations and views of future events, including our current expectations and views with respect to, among other things, our operations and financial performance. In particular, such forward-looking statements include statements relating to any Share Repurchases and the financing thereof, the Term and Revolving Facilities Agreement Amendments and our preliminary cash position. Forward-looking statements include all statements that do not relate to matters of historical fact. In some cases, you can identify these forward-looking statements by the use of words such as “anticipate,” “believe,” “could,” “expect,” “should,” “plan,” “intend,” “estimate” and “potential,” “aim,” “anticipate,” “assume,” “continue,” “could,” “expect,” “forecast,” “guidance,” “intend,” “may,” “ongoing,” “plan,” “potential,” “predict,” “project,” “seek,” “should,” “target,” “will,” “would” or similar words or phrases, or the negatives of those words or phrases. The forward-looking statements contained in this press release are based on the Company’s current expectations and are not guarantees of future performance. Forward-looking statements are subject to known and unknown risks, uncertainties and other factors and are based on potentially inaccurate assumptions that could cause actual results to differ materially from those expected or implied by the forward-looking statements. Our actual results could differ materially from those expected in our forward-looking statements for many reasons, including: our dependence on the image and reputation of the BIRKENSTOCK brand; the intense competition we face from both established companies and newer entrants into the market; our ability to execute our DTC growth strategy and risks associated with our e-commerce platforms; our ability to adapt to changes in consumer preferences and attract new customers; our ability to attract and retain customers, and the effectiveness and efficiency of our marketing efforts; risks related to merchandise returns; harm to our brand and market share due to counterfeit products; our ability to successfully operate and expand retail stores, and our dependence on favorable lease terms, brand awareness and the ability to hire adequate staff to successfully operate such retail stores; economic conditions impacting consumer spending, such as inflation, tariffs and other trade policy actions, the deterioration of consumer sentiment, a deterioration of the macroeconomic situation generally, and our ability to react to any of them; the relative illiquidity of our real property investments and our ability to sell properties on reasonable terms in response to changing economic, financial and investment conditions; risks related to our non-footwear products; failure to realize expected returns from our investments in our businesses and operations; our ability to adequately manage our acquisitions, investments or other strategic initiatives; our ability to manage our operations at our current size or manage future growth effectively; currency exchange rate fluctuations; risks related to global or regional health events; our dependence on third parties for our sales and distribution channels, as well as deterioration or termination of relationships with major wholesale partners; risks related to the conversion of wholesale distribution markets to owned and operated markets and risks related to productivity or efficiency initiatives; operational challenges related to the distribution of our products; seasonality, weather conditions and climate change; adverse events influencing the sustainability of our supply chain or our relationships with major suppliers, or increases in raw materials or labor costs; our ability to effectively manage inventory; unforeseen business interruptions and other operational problems at our production facilities, as well as disruptions to our shipping and delivery
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BIRKENSTOCK HOLDING PLC || press release || JUNE 15, 2026 |
arrangements; fluctuations in product costs and availability due to fuel price uncertainty; failure to attract, hire, train and retain key employees and deterioration of relationships with employees, employee representative bodies and stakeholders; our dependence on the services and reputation of our Chief Executive Officer; adequate protection, maintenance and enforcement of our trademarks and other intellectual property rights; regulations governing the use and processing of personal data, as well as disruption and security breaches affecting information technology systems; payment-related risks related to the use of credit cards and debit cards; the reliance of our operations, products, systems and services on complex IT systems; risks related to international markets; risks related to litigation, compliance and regulatory matters, including corporate responsibility and ESG matters; risks related to climate change and regulatory responses to it; inadequate insurance coverage, or increased insurance costs; compliance with existing laws and regulations or changes in such laws and regulations; tax-related risks; risks related to our amount of indebtedness, its restrictive covenants and our ability to repay our debt; control by our Principal Shareholder whose interests may conflict with ours or yours in the future; material weaknesses identified in our internal control over financial reporting and our ability to remediate such material weaknesses; our status as a foreign private issuer and as a “controlled company” within the meaning of the NYSE rules; natural disasters, public health crises, political crises, civil unrest and other catastrophic events beyond control and the factors described in the sections titled “Cautionary Statement Regarding Forward-Looking Statements” and “Risk Factors” in our Annual Report on Form 20-F filed with the U.S. Securities and Exchange Commission on December 18, 2025, as updated, from time to time, by our reports on Form 6-K that update, supplement or supersede such information. Any forward-looking statement made by us in this press release speaks only as of the date of this press release and is expressly qualified in its entirety by the cautionary statements included in this press release. We undertake no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments, or otherwise, except as required by law.
INVESTOR & MEDIA CONTACT
Birkenstock Holding plc
ir@birkenstock-holding.com
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BIRKENSTOCK HOLDING PLC || press release || JUNE 15, 2026 |