adidas AG ADR

ADDYY: OTCM (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	LOCK\|$$	LOCK\|&rf>Z	LOCK\|GR?WBh

Adidas: Outpacing Many Competitors With Solid Profitability; Shares Fully Valued

David Swartz

Oct 21, 2025

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.

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adidas AG ADR

Adidas: Outpacing Many Competitors With Solid Profitability; Shares Fully Valued

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