Adidas Expands Product Line Amid Surge in Demand for Samba, Gazelle Models
German sportswear maker adidas (ADS.F) is diversifying the production of its shoe models to prevent market oversaturation amid a jump in demand for its so-called terrace shoes, Samba and Gazelle. Afte
Analysts Offer Insights on Consumer Cyclical Companies: Adidas AG (GB:0OLD), Watches of Switzerland Group PLC (GB:WOSG) and SiteMinder Limited (AU:SDR)
Analysts' Opinions Are Mixed on These Consumer Cyclical Stocks: Whitbread (GB:WTB), Ferrari (RACE) and Adidas AG (GB:0OLD)
Earnings Call Summary | Adidas AG(ADDYY.US) Q1 2024 Earnings Conference
The following is a summary of the Adidas AG (ADDYY) Q1 2024 Earnings Call Transcript:Financial Performance:In Q1 2024, Adidas achieved currency-neutral sales growth of 8%, excluding the Yeezy collabor
Adidas First Quarter 2024 Earnings: EPS Misses Expectations
Adidas: Revenue of 5.458 billion euros in the first quarter reversed losses, and revenue in Greater China increased 7.8% year over year
Glonghui, April 30 | Adidas released financial results for the first quarter of 2024, and the performance exceeded expectations. The world achieved revenue of 5.458 billion euros, an increase of 8% year-on-year in monetary terms; net profit to mother was 170 million euros, turning a loss into a profit. Among them, revenue in Greater China reached 897 million euros, up 7.8% year on year, achieving four consecutive quarters of growth since the second quarter of last year. “We will continue to increase our investment in China, and we are confident in long-term growth.” Adidas Global CEO Gulden said in the first quarter earnings conference call that Adidas Greater China is on a growth path, and the business in the first quarter
Adidas's Outlook Seen as Conservative -- Market Talk
1156 GMT - Adidas has made a positive impression with its final numbers for the first quarter, but the guidance still looks conservative, Warburg Research analyst Joerg Philipp Frey says in a note. Th
Adidas Should Give More Details on Its Margin Expectations -- Market Talk
0945 GMT - Adidas might have to provide more details on its expectations for the coming years, Jefferies analysts write in a research note. For 2024, the German shoe and sportswear major backed its ou
Adidas Seems to Be Paving the Way for Growth -- Market Talk
0914 GMT - Adidas should have continued strong momentum as sales growth accelerates, Deutsche Bank analysts Adam Cochrane and Shwetha Ramachandran write in a research note. The German shoe and sportsw
Adidas Posts Better-Than-Expected Profit, Confirms Outlook
By Nina Kienle Adidas posted net profit that beat analysts' expectations and confirmed its preliminary figures for its first quarter, citing brand momentum. The German shoe and sportswear major said
Analysts Have Conflicting Sentiments on These Consumer Cyclical Companies: Brunello Cucinelli SpA (Frankfurt: DE:8BU), Adidas AG (GB:0OLD) and OVS S.p.A. (GB:0R5R)
Still-In-The-Woods Adidas Provides Glimpse Of Recovery With A Lifted Guidance
In an unscheduled announcement, Adidas AG (OTC:ADDYY) (OTC:ADDDF) raised its 2024 profit outlook after a better than expected first quarter. The good news come a month after the German sportswear gian
Adidas Raises 2024 Profit Guidance on Robust Footwear Demand
Adidas Boosts Outlook On Strong Q1 Results: Details
Adidas AG (OTC:ADDYY) reported preliminary results for the first quarter of 2024, with an 8% increase in currency-neutral revenues. In euro terms, revenues grew 4% to €5.458 billion in the quarter.The
Analysts Offer Insights on Consumer Cyclical Companies: Hollywood Bowl (GB:BOWL), Adidas AG (GB:0OLD) and Hugo Boss (GB:0Q8F)
Analysts Conflicted on These Consumer Cyclical Names: Koninklijke Ahold Delhaize N.V. (GB:0RI8), Sa Sa International Holdings Limited (HK:0178) and Adidas AG (GB:0OLD)
Adidas Stock Rallies to Two-year High After Lifting Guidance
By Steve Goldstein Adidas shares rallied on Wednesday as the athletics apparel maker continued its recent practice of pre-releasing results that were ahead of estimates. Adidas (XE:ADS) late Tuesday
Footwear Market Size Is Set to Grow by USD 133.09 Billion From 2023-2027, Adidas AG, ASICS Corp. and Brooks Sports Inc., and More to Emerge as Some of the Key Vendors, Technavio
The global footwear market size is estimated to grow by USD 133.09 bn from 2023 to 2027, according to Technavio. The market is estimated to grow at a ...
Adidas Stock up on Upbeat 2024 Outlook
Adidas Raises Annual Profit Bar After Yeezy Brand Aids Profit -- Update
By David Sachs Adidas raised its revenue and profit expectations after the controversial Yeezy brand contributed to a better-than-anticipated first quarter. The German shoe and sports apparel compan
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