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Adidas raised its revenue and profit expectations after a better-than-anticipated first quarter. Adidas’s upgrade came after first-quarter revenue rose 4% on year. Skip to Main Content.
The German sporting-goods company said Tuesday that its operating profit climbed to 1.34 billion euros ($1.40 billion) last year from €268 million in 2023. Adidas had expected an operating ...
Adidas’ operating profit also decreased significantly, falling 59.9 percent from 669 million euros in 2022 to 268 million euros in 2023. Adidas had originally predicted an operating loss of ...
Profit per share from continuing operations was 4.24 euros compared to a loss of 0.67 euros. ... Adidas AG Reports Profit In FY24; Net Sales Up 10.5% March 05, 2025 — 02:02 am EST.
Puma shares lost nearly a fifth of their value as the German apparel maker cited “muted brand momentum,” U.S. tariffs and ...
Adidas on Wednesday reports that its fourth-quarter profit more than doubles, but the sportswear maker gives a downbeat assessment of this year’s prospects.
German sportswear maker Adidas expects operating profit to nearly double to about 500 million euros ($542.3 million) this year after the company's break-up with Kanye West and the discontinuation ...
Adidas on Friday blamed poor sales in China for a sharp drop in first quarter profit. The German sportswear giant reported net profit of €310 million ($327 million) in the first three months of ...
Shares in German sports apparel maker Adidas <ADSGn.DE> dropped sharply on Friday and its 2015 targets came under scrutiny on Friday after the group issued a unexpected profit warning.
India’s growing sports culture has attracted the biggest names in sportswear. Learn how Puma, Adidas, and Nike are competing to win over Indian consumers.
Adidas had expected sales growth of around 10% on a currency-neutral basis in 2024. The company said sales in the key Christmas quarter jumped 19% on a currency-neutral basis to nearly 5.97 ...