Adidas Exceeds Profit Guidance After Sales Jump in Fourth Quarter
The German sporting-goods company said its operating profit climbed to €1.34 billion last year from €268 million in 2023.
Adidas 2024 Profits Jump, Recovering From Kanye Crisis
Adidas on Tuesday said that its operating profit jumped five-fold last year, as the German sportswear giant moves past a crisis triggered by its split from musician and entrepreneur Kanye West.
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Adidas Sees Strong Finish to 2024 With Revenue and Profit Surge
According to the German athletic company’s preliminary results for Q4 2024, Adidas saw revenues grow 24 percent in the period ...
Puma Plunges After Profit Warning Highlights Adidas’s Lead
Puma SE shares plunged after the German sportswear company reported disappointing earnings and pushed back profitability ...
Adidas to axe up to 500 jobs at headquarters, source says
Adidas CEO Bjoern Gulden plans to cut up to 500 jobs at the German sport retailer's headquarters in Herzogenaurach, a source ...
Adidas AG: Strong Financial Performance and Strategic Initiatives Drive Positive Outlook and Buy Rating
In a report released yesterday, Alison Fok from DBS upgraded adidas AG (0OLD – Research Report) to a Buy, with a price target of €285.00.Invest ...
Adidas: Back On Track, Likely To Outperform
Adidas' sales and profitability are on the rise in FY24. Read why ADDYY stock is primed for continued growth, especially with ...
Adidas Sees Solid Gains In Q4, Looks To Expand Market Share
German sportswear brand adidas AG posted strong growth in Q4, with revenue up 19% in currency-neutral terms and 24% in euros, ...
Adidas profit surges five-fold as it moves past Kanye West split
Adidas’ operating profit jumped five-fold last year as the German sportswear company continues to move past the turmoil from ...
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Adidas Reports Q4 Profit, Stock Soars 6% Amid Retro Sneaker Boom
Adidas AG reported an operating profit in the fourth quarter, rebounding from a loss the prior year, and exceeded its ...