Oakmark International Small Cap Fund Q2 2026 Portfolio Activity

Oakmark International Small Cap Fund (Investor Class) underperformed the benchmark, the MSCI World ex USA Small Cap Index (net), for the quarter. The European board market remains oversupplied, which is pressuring capital appetite and even service demand as customers run down inventories to free up cash. Hiab provides on-road handling equipment that mounts onto the back of trucks to help customers move heavy goods efficiently and safely.

Seeking Alpha • Jul 16, 2026

Birkenstock Holding's Strong Growth Doesn't Justify A Price This Low

Birkenstock Holding plc demonstrates strong multi-year revenue growth, driven by both B2B and direct-to-consumer channels across global markets. BIRK is targeting 10% annual growth in pairs sold and expects 13–15% revenue growth this year, despite inflation and supply chain headwinds. Valuation appears reasonable relative to peers, with management signaling undervaluation via a $250 million accelerated share buyback (~3.2% of market cap).

Seeking Alpha • Jul 2, 2026

Top Consumer Discretionary Brands Add Buyback Capacity Amid Weakness

After experiencing underwhelming to outright poor performance recently, several big names in the consumer discretionary sector are loading up on buyback capacity. All three of these moves signal management's confidence in their ability to turn the tide, but each also comes with a unique set of circumstances.

MarketBeat • Jun 23, 2026

BIRKENSTOCK PRE Stabilization Notice

15/06/2026 Not for distribution, directly or indirectly, in or into the United States or any jurisdiction in which such distribution would be unlawful. BIRKENSTOCK GROUP B.V.

GlobeNewsWire • Jun 15, 2026

Why Birkenstock Holding Rocketed Higher This Week

Birkenstock announced an accelerated share repurchase program. Last week, the stock had sunk to all-time lows since its 2023 IPO.

The Motley Fool • May 22, 2026

Birkenstock To Execute $250 Million Accelerated Share Repurchase to Take Advantage of Disconnect Between Share Price and Fundamental Performance

LONDON, UK / ACCESS Newswire / May 21, 2026 / Birkenstock Holding plc ("BIRKENSTOCK" or the "Company", NYSE:BIRK) announced today that it has entered into a $250 million accelerated share repurchase ("ASR") agreement with Goldman Sachs International ("Goldman Sachs"). "Short-term market dynamics have resulted in what we believe is a strong disconnect between our share price and the strength of our underlying fundamentals", said Oliver Reichert, CEO of Birkenstock Group and Member of the Board of Directors of the Company.

Accesswire • May 21, 2026

Bear of the Day: BIRKENSTOCK (BIRK)

Estimates cut on tariff, inflation and Middle East headwinds.

Zacks Investment Research • May 21, 2026

Birkenstock loses its footing as luxury ambitions unravel

Birkenstock is falling out of favor with investors who are abandoning hope that ​the sandal maker can scale into a luxury powerhouse.

Reuters • May 18, 2026

Birkenstock shares slide after tariffs and currency swings squeeze margins

Birkenstock Holding PLC (NYSE:BIRK) shares fell more than 13% on Wednesday after the German sandalmaker reported second-quarter profit that missed analyst estimates, as US tariffs and foreign exchange headwinds weighed on margins despite solid top-line growth. The company posted fiscal second-quarter revenue of 618 million euros, up 8% on a reported basis and 14% in constant currency, broadly in line with expectations.

Proactive Investors • May 13, 2026

Birkenstock Q2 Earnings Call Highlights

Birkenstock NYSE: BIRK reported fiscal second-quarter revenue growth within its target range on a constant-currency basis, while management said foreign exchange, tariffs, inflation and disruptions tied to conflict in the Middle East weighed on reported results and margins.

MarketBeat • May 13, 2026