adidas AG ADR
ADDYY: OTCM (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|d$ | LOCK|?Dpd | LOCK|>vDmQ%l |
Adidas: Outpacing Many Competitors With Solid Profitability; Shares Fully Valued
Adidas revealed preliminary third-quarter results of 8% currency-neutral sales growth, a 51.8% gross margin (up 50 basis points), and an 11.1% operating margin (up 180 basis points). The firm also raised its 2025 operating profit guidance to EUR 2 billion from EUR 1.7 billion-EUR 1.8 billion prior.
