Earnings season is just a few weeks away and Birkenstock Holding plc and Genesco Inc. on Monday each provided quarterly updates.
Birkenstock
Birkenstock said for the fiscal first quarter 2026 ended Dec. 31, 2025, revenue is expected to be 402 million euros, representing year-over-year growth of 11.1 percent on a reported basis and up 17.8 percent in constant currency.
Full financial results will be disclosed on Feb. 12, 2026. The company will also hold an investor day on Jan. 28. When Birkenstock posted full-year results on Dec. 18, it said profits rose 81.8 percent to 348.3 million euros on a revenue gain of 16.2 percent to nearly 2.1 billion euros. And while CEO Oliver Reichert said the brand continues to have healthy momentum, strong wholesale growth was straining its vertically integrated supply chain because it has to “produce more pairs in a situation where we are already capacity constrained.”
Even though preliminary revenue was just below Wall Street’s consensus expectations of 403.3 million euros, Jefferies analyst Randal Konik described the earnings preannouncement for the first quarter as “solid,” with revenue in line with expectations and that “luxury margins remain intact.”
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“We view these results as a testament to Birkenstock’s enduring brand strength and disciplined execution,” Konik said. While there’s some volatility connected to foreign exchange headwinds, Konik concluded that Birkenstock’s “fundamentals are solid” and that “disciplined inventory and margin management should support profitability.”
William Blair analyst Sharon Zackfia described Birkenstock as a “healthy brand, with 90 percent-plus full price sell through.”
Genesco
Genesco only provided an updated on comparable sales, which includes both stores and direct sales. The company said comps rose 9 percent for the fourth quarter ended Dec. 27, 2025. By sales channel, same-store sales rose 10 percent, while comps for Genesco’s e-commerce business increased 9 percent. By brand, comparable sales for the eight weeks versus the same year-ago quarter saw its Journeys Group gain 12 percent. The Schuh Group rose 6 percent and the Johnston & Murphy Group was up 1 percent.
“We were very pleased with our holiday performance as compelling assortments and exceptional execution by our teams drove strong conversion and full price selling at Journeys throughout December,” said Genesco’s president and CEO Mimi Vaughn in a statement. “Journeys delivered a double-digit comparable increase as sales ramped up in December on top of a double-digit increase last year, reflecting our ability to execute during peak demand periods.”
While Schuh also saw top-line results that were above expectations, Vaughn noted that sales were fueled by increased discounting in the U.K. footwear market.
When Genesco posted third quarter results on Dec. 4, the company had lowered comparable sales guidance to up 4 percent to 5 percent. It also expected adjusted diluted earnings per share (EPS) from continuing operations at 95 cents, down from prior estimates of between $1.30 and $1.70. Genesco on Monday raised guidance, now expecting adjusted EPS “to be at least $1.30 a share.”
Genesco’s update prompted Williams Trading analyst Sam Poser to initiate coverage of the company with a “Buy” rating. His price target is $39.00 a share, with current trading centered around the $29.99 range. He noted that Genesco is slowly improving its focus on young Gen Z and older Gen-Alpha consumers, “especially female consumers within Journeys, which drives 60 percent of Genesco’s total revenue.”
Poser noted that Journeys overall represents about 80 percent of Genesco’s total revenues. Revenues are driven by the teen consumer, primarily focused on the teen girl.
“The balance of Genesco’s revenue, which we hope that Genesco exits, are Johnston & Murphy and Genesco’s Licensed Group, both of which focus on older male consumers, from 35 to 55 years of age,” the analyst said.
