adidas AG ADR

ADDYY: OTCM (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Adidas Earnings: Outperforming Challengers in a Volatile Market; Shares Fairly Valued

David Swartz

Jul 30, 2025

In a challenging global sportswear market, Adidas' second-quarter sales increased 2% on a reported basis and 8% on a currency-neutral basis. Its gross margin rose 90 basis points to 51.7%, and its operating margin was up 320 basis points to 9.2%.

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adidas AG ADR

Adidas Earnings: Outperforming Challengers in a Volatile Market; Shares Fairly Valued

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