Birkenstock shares plunge 9% as German sandal maker warns tariffs will slam profits

New York Post
By Taylor HerzlichDec 18, 2025, 4:33 pm61 pts
The company – known for its chunky cork sandals – said it expects a 100 basis points hit to annual gross margins due to US tariffs in the new fiscal year, which runs through Sept. 30, 2026.

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