Platinum Asset Management’s International Brands Fund named Birkenstock Holding plc as one of its strongest contributors in the second quarter of 2026, with the stock gaining 23% over the period. The fund highlighted the German sandal-maker’s 24% operating margin, 40% return on capital, and 25% profit growth compared to a year ago, noting that management continues to expand product lines and overseas markets. Birkenstock reported revenue of EUR 618 million in the second quarter of fiscal 2026, an 8% year-over-year increase on a reported basis. The fund also pointed to insider confidence, citing the CEO’s multimillion-euro stock purchase and a recently launched substantial buyback. Despite the quarterly gain, Birkenstock shares closed at $41.85 on July 28, 2026, down 19.67% over the past 52 weeks, with a market capitalization of $7.7 billion.
Birkenstock Holding plcFund highlights strong financials (24% operating margin, 40% ROC, 25% profit growth), CEO stock purchase, and buyback.
Deckers Outdoor Corporation