Adidas AG fell after the German sportswear brand said earnings will grow slower this year than investors expected, even as it builds momentum with its retro footwear.
HERZOGENAURACH, Germany (Reuters) -Adidas forecast a lower than expected operating profit for 2025, anticipating sales growth will slow slightly from a strong 2024 which saw the last of its Yeezy ...
Adidas initially paused the sale of Yeezy sneakers and considered destroying the remaining inventory. But under Bjorn Gulden, ...
Germany's Adidas forecast a lower than expected operating profit for 2025, anticipating sales growth will slow slightly from a strong 2024, and flagged increased volatility due in part to U.S. tariffs ...
The year before, Adidas made 750 million euros in revenue from Yeezy inventory, generating 300 million euros in operating profit. The company has set aside 260 million euros for charitable ...
The German sportswear giant reported better-then-expected growth of 12 percent in 2024. But Adidas executives remained cautious about the coming year, citing geopolitical volatility and fears about ...
The subdued stock price reaction suggests that adidas AG's ( ETR:ADS ) strong earnings didn't offer any surprises.
Adidas has announced that they had officially sold the final pair of Yeezy shoes after cutting ties with Kanye West in 2022 ...
Everyone is searching for what comes after the Adidas sneaker that has been the hottest shoe for the past couple of years.
Traditional powerhouses of the sports shoe trade are seeing their market shares cut by old rivals and newcomers moving up the pack.
Adidas calculated that its profits were about 300 million euros in 2023 and about 200 million euros in 2024, for a total of 500 million euros. But Lange said this total accounts only for costs ...
(Bloomberg) -- Adidas AG fell after the German sportswear ... The company expects operating profit of €1.7 billion ($1.8 billion) to €1.8 billion this year, it said in a statement Wednesday ...